Which of the Following Policies May Decrease the Level of Capital

question 4

Multiple Choice

Which of the following policies may decrease the level of capital intensity in industry?

• A)an increase in the cost of capital
• B)a decrease in the minimum wage
• C)an increase in the elasticity of substitution
• D)all of the above.

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Definitions:

Human Cultures

The collective customs, achievements, products, or perspectives of human societies or social groups, reflecting their ways of life and worldviews.

Nontonal Languages

Languages where pitch or tone does not alter the meaning of words.

Tone

In linguistics, tone refers to the use of pitch in language to distinguish lexical or grammatical meaning, significant in many languages around the world.

Wampum Belts

Traditional, handcrafted belts made of beads from the shells of clams, used by indigenous peoples of North America for ceremonial purposes and as a medium of exchange.