Holding technology constant,increases in investment in plant and equipment
A) raise the rate of return.
B) reduce the ratio of capital to output.
C) raise the average product of capital.
D) reduce the marginal product of capital.
E) raise the profitability of investment.
Correct Answer:
Verified
Q32: If a society attempts to increase output
Q33: The following question are based on the
Q34: Both Malthus and Ricardo erred in expecting
Q35: Ricardo,in his work on income distribution,emphasized the
Q36: The Club of Rome study was concerned
Q38: Improvements in agricultural technology will
A) raise the
Q39: The Malthusian forecast that population growth would
Q40: During the past century,the rate of return
Q41: The process by which the use of
Q42: According to the Harrod-Domar growth model,an economy
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents