An economy is better off with an increase in the stock of capital.

Name: An economy is better off with an increase in the stock of capital.
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Question

Quizplus · Accepted Answer

An increase in the stock of capital leads to higher productivity and output, which is beneficial for an economy. It can lead to increased employment opportunities, higher wages, and improved standard of living. Therefore, an economy is better off with an increase in its stock of capital.

An Economy Is Better Off with an Increase in the Stock