To increase productivity the most a) the skilled educated labor force must grow faster than capital spending increases b) capital must be greater than zero c) capital must increase faster than the increase in the skilled educated labor force d) capital must increase at the same rate as the skilled educated labor force expands
To increase productivity the most a) the skilled educated labor force must grow faster than capital spending increases b) capital must be greater than zero c) capital must increase faster than the increase in the skilled educated labor force d) capital must increase at the same rate as the skilled educated labor force expands
Chapter16: Economic Growth
Section: Chapter Questions
Problem 15E
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To increase productivity the most
a) the skilled educated labor force must grow faster than capital spending increases
b) capital must be greater than zero
c) capital must increase faster than the increase in the skilled educated labor force
d) capital must increase at the same rate as the skilled educated labor force expands
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