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Leni [432]
2 years ago
15

1. How is GDP impacted by an increased investment in capital goods?

History
1 answer:
saw5 [17]2 years ago
4 0

Answer: As a result, more products can be produced at a lower cost, and with faster turnaround times; this can increase the company's profits. As labor becomes more efficient, this increased efficiency nationwide leads to economic growth for the entire country and a higher nationwide GDP.

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