The Increase in the Growth Rate of Capital Intensity in the 1990s

question 86

Multiple Choice

The increase in the growth rate of capital intensity in the 1990s was due in large part to:

• A) a rapid growth in the labor supply.
• B) a slower growth in the labor supply.
• C) a rapid growth in agricultural technology capital.
• D) a rapid growth in use of information technology capital.

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Definitions:

Reconciled Balance

The balance of an account after accounting discrepancies have been resolved and all entries have been made.

Bank Statement

A document or record provided by a bank, detailing all transactions in an account over a specific period.

Checkbook Balance

The amount of money available in an account, tracking all deposits and withdrawals recorded in the checkbook register.

Outstanding Checks

Checks that have been written and recorded in the issuer's accounting records but have not yet been cleared by the bank.