zugomaticus2802 zugomaticus2802
  • 04-05-2021
  • History
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1. How is GDP impacted by an increased investment in capital goods?

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louiemarnalos22 louiemarnalos22
  • 04-05-2021

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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