Economics · Economics
What is meant by 'Capital Widening'?
- 1Increasing the capital stock due to technological advancements.
- 2Increasing the amount of capital per worker.✓
- 3Increasing the amount of labor along with a given stock of capital.
- 4Increasing the amount of capital due to an increase in the number of workers.
Correct answer
Increasing the amount of capital per worker.
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