General Knowledge · Macroeconomics
The 'Incremental Capital-Output Ratio' (ICOR) is used in economic analysis to measure:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The rate of consumer price inflation
- 2Population growth relative to land area
- 3The efficiency of capital investment in generating economic output✓
- 4Tax collection efficiency of the government
Correct answer
The efficiency of capital investment in generating economic output
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