Steady-State Investment Per Worker Is Positively Related to the Capital-Labour

question 64

Multiple Choice

Steady-state investment per worker is positively related to the capital-labour ratio because the higher the capital-labour ratio

• A)the lower the capital depreciation rate.
• B)the greater the amount of resources available for capital investment.
• C)the more investment per worker is required to replace depreciating capital.
• D)the less the economy needs to equip new workers with the same high level of capital.

---

Definitions:

Pixel

The smallest unit of an image displayed on a screen, often consisting of components like red, green, and blue.

Inheritance

A principle in object-oriented programming that allows a class to inherit properties and methods from another class, promoting reusability.

Is-a

A relationship in object-oriented programming indicating that one class is a subtype of another, inheriting its properties.

Event-driven Programming

A programming paradigm where the flow of the program is determined by events such as user actions, sensor outputs, or message passing.