"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
D
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A country is likely to be better off in the long run if it pursues self-sufficiency
Indicate whether the statement is true or false
The midpoint method is used to compute elasticity because it
a. automatically computes a positive number instead of a negative number. b. results in an elasticity that is the same as the slope of the demand curve. c. gives the same answer regardless of the direction of change. d. automatically rounds quantities to the nearest whole unit.