A Decrease in the Capital-Labor Ratio Would Result In

question 74

Multiple Choice

A decrease in the capital-labor ratio would result in:

• A)higher labor productivity because labor does more work.
• B)lower labor productivity because labor is working with relatively less capital.
• C)higher labor productivity because labor is producing less capital and more of other goods.
• D)lower labor productivity because more capital is available.
• E)higher labor productivity because more capital is available.

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