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.
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.
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 6P
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