An Increase in Capital Increases Productivity Only If It Is

question 45

True/False

An increase in capital increases productivity only if it is purchased and operated by domestic residents.

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Definitions:

Promoter

An individual or company that organizes and provides the initial capital, talent, or other resources to start a venture or event.

Potential Liability

The possibility of being responsible for future legal judgments or obligations due to current actions, circumstances, or contracts.

Contracts

Legal agreements between two or more parties that create mutual obligations enforceable by law.

Actual Authority

The express and implied powers a principal intentionally grants to its agent.