The output-capital ratio (Y/K)depends on the following four determinants.Which determinant of these four is most likely to be affected by government growth policy?

Question

Quizplus · Accepted Answer

The growth of capital per person is most likely to be affected by government growth policy through investment in public infrastructure, education, and R&D. These policies can increase the rate of capital accumulation, leading to an increase in the output-capital ratio (Y/K).

The Output-Capital Ratio (Y/K)depends on the Following Four Determinants