Given what you know about productivity, how would we expect investment in capital goods (like factories and technology) to affect gross domestic product? O It would raise GDP. It would lower GDP. It would have no effect on GDP. There is no way to know how it would affect GDP.

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06-10-2021
Social Studies

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Given what you know about productivity, how would we expect investment in capital goods (like factories and technology) to affect gross domestic product? O It would raise GDP. It would lower GDP. It would have no effect on GDP. There is no way to know how it would affect GDP.

Sagot :

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oriPlshelpme oriPlshelpme · Answer 1 · 2021-10-06T22:12:25-04:00

oriPlshelpme oriPlshelpme

06-10-2021

Answer:

It Would raise GDP

Explanation:

Capital Investment's Relationship to Gross Domestic Product (GDP) ... Additional or improved capital goods is intended to increase labor productivity by making companies more productive and efficient. Newer equipment or factories leads to more products being produced, and at a faster rate.

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Given what you know about productivity, how would we expect investment in capital goods (like factories and technology) to affect gross domestic product? O It would raise GDP. It would lower GDP. It would have no effect on GDP. There is no way to know how it would affect GDP.​

Sagot :

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Given what you know about productivity, how would we expect investment in capital goods (like factories and technology) to affect gross domestic product? O It would raise GDP. It would lower GDP. It would have no effect on GDP. There is no way to know how it would affect GDP.