The Same Size Decrease in the Amount of Capital Stock

question 94

True/False

The same size decrease in the amount of capital stock per worker will cause output per worker to fall by more in a country with a relatively high level of capital per worker than in a country with a relatively low level of capital per worker.

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Definitions:

House of Representatives

One of the two chambers of the United States Congress, responsible for making and passing federal laws, consisting of members elected from each state, with the number of representatives based on the state's population.

Fixed

Set or decided upon definitively and with authority, often referring to predetermined policies or positions.

Bicameral Legislature

A legislative body made up of two chambers or houses, typically a lower house and an upper house, aiming to provide balance and thorough review of legislation.

House District

A defined geographic area represented by a member in the lower chamber of a legislative body, particularly in the context of the U.S. House of Representatives.