10- Would the following events usually lead to capital deepening- Why.docx

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10. Would the following events usually lead to capital deepening? Why or why not? (a) A weak economy in which businesses become reluctant to make long-term investments in physical capital. (b) A trend in which many more adults participate in continuing education courses through their employers and at colleges and universities. 11. An economy starts off with a per capita GDP of $5,000. How large will the per capita GDP be if it grows at an annual rate of 2% for 5 years? .

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