Economics · Capital Intensity
Capital deepening refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An increase in the capital stock due to new technology.
- 2An increase in the amount of capital per worker.✓
- 3Increasing the amount of labor with a given capital stock.
- 4An increase in capital due to an increase in the number of workers.
Correct answer
An increase in the amount of capital per worker.
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