The role that dead capital plays in a country's economic growth is that
A) growth increases because the dead capital is replaced with more technologically efficient capital.
B) growth increases since the firms using the dead capital are using it for free.
C) growth neither increases nor is impaired by dead capital.
D) growth is impaired since the capital cannot be allocated to its most efficient use.
Correct Answer:
Verified
Q66: A nation's economic growth is more rapid
Q67: Which one of the following statements is
Q68: Which of the following is NOT true
Q69: When there is a building that is
Q70: When government inefficiencies exist
A) a country tends
Q72: All of the following are major factors
Q73: Dead capital is
A) a capital resource that
Q74: Countries with the highest degrees of governmental
Q75: Dead capital is
A) unlikely to have any
Q76: Extensive government restrictions on the use of
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