If a Change in Technology Improves the Marginal Productivity of Capital

question 65

Multiple Choice

If a change in technology improves the marginal productivity of capital, the

• A)supply of capital will increase
• B)supply of capital will decrease
• C)demand for loanable funds will increase
• D)demand for loanable funds will decrease
• E)supply of loanable funds will increase

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Definitions:

Abandon

To leave something behind or give up on it completely without any intention of returning or continuing.

Behaviourism

A behavioral science method focusing on the examination of behaviors that can be seen and the environmental factors that influence them.

Rise of Animal Research

The historical increase in the use of animals for scientific research to understand human diseases, behaviors, and biology.

Behaviourist

A psychologist or researcher who studies behaviour based on observable actions and reactions, often excluding mental states from their analyses.