Question

An exploration of the factors underlying an​ economy's capital stock and its level of technology indicates that the relevant time frame is the

▼

long

medium

run.

Factors that one might explore to understand the pace at which a​ country's capital stock and its level of technology are advancing include the

​(Check

all that

apply​.)

A.

state of consumer confidence.

B.

quality of its education system.

C.

role of the government.

D.

saving rate.

E.

number of firms.

Answer 1

1.B) Medium run

An exploration of the factors underlying an economy capital stock and its level of technology indicates that the relevant time frame is medium run.

2.B) Quality of its education system .C. Role of government and D. Saving rate

These are applied factor that one might explore to understand pace at which a country's capital stock and its level of technology are advancing.stock of capital is fundamental variable in economic analysis.its together with measurement of labor ,constitute the factors that allow analyzing the production function of an economy.