Question

What is Capital Output Ratio?​

Answer 1

Answer:

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Explanation:

The Incremental Capital-Output Ratio is the ratio of investment to growth which is equal to the reciprocal of the marginal product of capital. The higher the ICOR, the lower the productivity of capital or the marginal efficiency of capital.

Answer 2

Explanation:

Incremental Capital-Output Ratio is the ratio of investment to growth which is equal to the reciprocal of the marginal product of capital. The higher the ICOR, the lower the productivity of capital or the marginal efficiency of capital.

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