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What does a decrease in the capital-labour ratio mean? a) lower labour productivity, because more capital is available b) lower labour productivity, because labour works
What does a decrease in the capital-labour ratio mean?
a)
lower labour productivity, because more capital is available
b)
lower labour productivity, because labour works with relatively less capital
c)
higher labour productivity, because labour does more work
d)
higher labour productivity, because labour produces less capital and more of other goods
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