When a Country Utilizes More Physical Capital Per Worker Over

question 79

Multiple Choice

When a country utilizes more physical capital per worker over time, there will be:

• A)lower and eventually zero growth rate of productivity.
• B)higher growth rates of productivity.
• C)no change in the growth rate of productivity.
• D)lower but always positive growth rates of productivity.

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Definitions:

Accounts Receivable Balance

The accounts receivable balance is the total amount owed to a company by its customers for goods or services delivered on credit but not yet paid for.

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used for general purposes including statutory reporting and personal timekeeping.

Sales Estimate

An approximate calculation or judgment of the amount of sales a company expects to achieve in a specific period.

Net Working Capital

A measure of a company's liquidity, operational efficiency, and short-term financial health, calculated as current assets minus current liabilities.