Economics · Development Economics
The technological relationship between the change in capital stock and the corresponding change in output is defined as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The Output Coefficient
- 2The Multiplier Coefficient
- 3Incremental Capital-Output Ratio (ICOR)✓
- 4Investment Multiplier
Correct answer
Incremental Capital-Output Ratio (ICOR)
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