Multiple Choice
When a new personal computer is purchased to replace an old one,and the new PC is much better and faster than the old one,there has been
A) a disembodied technical change.
B) a rise in the capital-output ratio.
C) a fall in the output per unit of capital.
D) an embodied technical change.
E) capital "deepening."
Correct Answer:
Verified
Correct Answer:
Verified
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