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A company that owns more than one bank is a _____. A)Federal Reserve Bank B)savings and loan C)corporation D)bank holding company
D)bank holding company is a company that owns more than one bank.
Expert answered|rhey22787|Points 1225|
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Asked 9/28/2012 2:34:02 PM
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Which of the following is the process of increasing the amount of capital used per worker? A)saving B)capital deepening C)real GDP per capita D)technological progress
Weegy: B) Capital deepening is the process of increasing the amount of capital used per worker. [ Capital deepening is a term used in economics to describe an economy where capital per worker is increasing.[1] This is also referred to as increase in the capital intensity. Capital deepening is often measured by the capital stock per labour hour. Overall, the economy will expand, and productivity per worker will increase. However, according to some economic models, such as the Solow model, economic expansion will not continue indefinitely through capital deepening alone. This is partly due to diminishing returns and wear & tear (depreciation). Investment is also required to increase the amount of capital available to each worker in the system and thus increase the ratio of capital to labour. In other economic models, for example, the AK model or some models in endogenous growth theory, capital deepening can lead to sustained economic growth even without technological progress. Traditionally, in development economics, capital deepening is seen as a necessary but not sufficient for economic development of a country. ] (More)
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Asked 9/21/2012 2:27:52 PM
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