Multiple Choice
"Capital dilution" refers to ________.
A) the flow of investment in the "bathtub model"
B) the depreciation of capital associated with an increase in the percentage of younger workers
C) the decline in the marginal product of capital that results from reliance on new,inexperienced workers
D) the decrease in capital per worker that is a direct consequence of an increase in the number of workers
Correct Answer:
Verified
Correct Answer:
Verified
Q18: National output is a function of _.<br>A)capital
Q19: Capital and labor are distinct from productivity
Q20: In a closed economy _.<br>A)investment equals consumption<br>B)investment
Q21: Comparing steady states,which of the following is
Q22: If depreciation is equal to investment _.<br>A)capital
Q24: Strong evidence of convergence exists for _.<br>A)wealthy
Q25: In the Solow model,which of the following
Q26: Solow Diagram <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5036/.jpg" alt="Solow Diagram
Q27: Evidence of a negative correlation between income
Q28: If the contribution from capital growth equals