Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Textbook Question
Chapter 20, Problem 9SCQ
Would the following events usually lead to capital deepening? Why or why not?
- A weak economy in which businesses become reluctant to make long-term investments in physical capital.
- A rise in international trade.
- A trend in which many more adults participate in continuing education courses through their employers and at colleges and universities.
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Principles of Economics 2e
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