An expansion in a country's capital stock is associated with a(n) _____

a. increase in potential GDP
b. decline in future consumption
c. increase in human capital
d. decline in the rate of investment
e. increase in national debt

a

Economics

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A rise in the price level

A) raises the buying power of money. B) decreases the prices of exports. C) lowers the buying power of money. D) increases aggregate demand. E) makes the aggregate demand curve steeper.

Economics

Import quotas and tariffs produce similar results. Which of the following is not one of those results?

a. The domestic price of the good increases. b. Consumer surplus of domestic consumers increases. c. Producer surplus of domestic producers increases. d. A deadweight loss is experienced by the domestic country.

Economics