Multiple Choice
A country's physical capital stock decreases after a war while its labor supply remains constant.Which of the following will happen in this case if output is a function of physical capital stock and the efficiency units of labor?
A) Its total output will remain constant.
B) Its total output will decrease.
C) Its per capita output will increase.
D) Its per capita output will remain constant.
Correct Answer:
Verified
Correct Answer:
Verified
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