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Home Q & A Board Other Fields Homework Help Business Economics
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johnpaul92 johnpaul92
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8 years ago
Steady-state investment per worker is positively related to the capital-labor ratio because the higher the capital-labor ratio
A) the greater the amount of resources available for capital investment.
B) the more investment per worker is required to replace depreciating capital.
C) the lower the capital depreciation rate.
D) the less the economy needs to equip new workers with the same high level of capital.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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#1
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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#3
8 years ago
Glad to be part of your success Wink Face
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