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Title: Why is physical capital accumulation alone unlikely to result in sustained growth? Post by: hungry22 on Dec 19, 2022 Why is physical capital accumulation alone unlikely to result in sustained growth?
▸ Because of the diminishing marginal product of labor ▸ Because of the eventual need to replace existing physical capital ▸ Because high levels of physical capital will tempt other countries to steal that capital ▸ Because of the diminishing marginal product of physical capital Title: Why is physical capital accumulation alone unlikely to result in sustained growth? Post by: cheezeh3ad on Dec 19, 2022 Content hidden
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