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Increasing the amount of capital per worker is called what?
Capital deepening.
What is the process of increasing the amount of capital used per worker?
capital deepening novanet
What is capital deepening and how does it contribute to economic growth?
It is the process of increasing the amount of capital per worker. Also it contributes by firms and employees itself.
How can a trade deficit actually increase the productivity of an economy?
by importing investment goods used for capital deepening
How can a trade deficit actually increase of productivity of an economy?
by importing investment goods used for capital deepening
Increasing the amount of capital per worker is called?
capital deepening- "An increase in the amount of capital per worker; one source of rising labor productivity" (McEachern, 2009).
Increasing the amount of capital per worker is called what?
Capital deepening.
What occurs when the amount of capital per workers increases?
capital deepening
What is the process of increasing the amount of capital used per worker?
capital deepening novanet
What is the process of increasing the amount of Capital use per worker?
capital deepening novanet
What would be an example of capital deepening?
An example of capital deepening would be a company investing in technology to automate processes, resulting in fewer workers needed to produce the same output. This increases the capital-to-labor ratio, leading to higher productivity and potentially higher profits.
What does not promote capital deepening?
saving less and spending more of one's disposable income
Which of the following would be an example of capital deepening?
paying for an employee to take college courses
How can a deficit actually increase the productivity of the economy?
by importing investment goods used for capital deepening
What is capital deepening and how does it contribute to economic growth?
It is the process of increasing the amount of capital per worker. Also it contributes by firms and employees itself.
How can a trade deficit actually increase the productivity of an economy?
by importing investment goods used for capital deepening
How can a trade deficit actually increase of productivity of an economy?
by importing investment goods used for capital deepening
