A decrease in the capital stock would be expected to a. increase real GDP per capita. b. decrease the labor force. c. decrease real GDP per capita. d. increase the level of output.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 6P
icon
Related questions
Question
i dont use chatgpt i will dislike
O
O
O
A decrease in the capital stock would be expected to
a. increase real GDP per capita.
b. decrease the labor force.
c. decrease real GDP per capita.
d. increase the level of output.
Transcribed Image Text:O O O A decrease in the capital stock would be expected to a. increase real GDP per capita. b. decrease the labor force. c. decrease real GDP per capita. d. increase the level of output.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Productivity
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
MACROECONOMICS
MACROECONOMICS
Economics
ISBN:
9781337794985
Author:
Baumol
Publisher:
CENGAGE L