What is meant by capital deepening


Problem

What is the link between changes in the capital stock (investment) and the rate of growth of productivity in the short run? What is the link between changes in the capital stock and the level of productivity (output per worker) in the long run? What is meant by capital deepening?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is meant by capital deepening
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