State whether the following statement is true or false.Money increases – InterviewSolution

InterviewSolution

1.	State whether the following statement is true or false.Money increases productivity of capital.OptionsTrueFalse
Answer» The above statement is correct. Money increases productivity of capital. In the sense, with money, more capital can be raised. Since increased capital implies purchase of better machinaries that produce superior quality products in less time, it leads to an increase in output and thereby increases productivity of the capital.

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