Economics · Macroeconomics
If there is no corresponding increase in technology, which of the following will happen as the capital stock of a country increases, all else equal? I. Production per worker will increase. II. Economic growth will increase. III. The rate of economic growth will increase.
- 1I, II, and III
- 2III only
- 3II only
- 4I only✓
Correct answer
I only
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