MCQOPTIONS
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| 1. |
The incremental capital-output ration (ICOR) refers to the |
| A. | Ratio of investment to change in output |
| B. | Ratio of capital stock to the total output |
| C. | Marginal productivity of capital |
| D. | Financed by the citizens of a country and the income enjoyed by them |
| Answer» B. Ratio of capital stock to the total output | |