A Possible Externality Associated with the Process of Accumulating New

question 75

Multiple Choice

A possible externality associated with the process of accumulating new capital is that:

• A)a reduction in labour productivity may occur.
• B)new production processes may be devised.
• C)old capital may be made more productive.
• D)the government may need to adopt an industrial policy.

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Definitions:

Proactive

Taking initiative by acting in anticipation of future problems, needs, or changes rather than reacting after they occur.

Confidentiality Issues

Challenges or dilemmas related to maintaining the privacy of information, especially in contexts like healthcare or counseling.

Field Placement Tasks

Specific duties or assignments carried out by a student in a practical, real-world setting as part of their educational curriculum.

Administrative Aspects

Components related to the management, organization, and execution of tasks in a business or institutional setting.