(Answered) A trends in intangible capital the authors of the study in

Economics

a. Trends in Intangible Capital. The authors of the study in Application found that intangible capital became more important relative to conventional capital in terms of accounting for economic growth in recent years. Can you explain their finding?

b. Coke and Pepsi. Soft-drink companies spend a considerable amount of money on marketing. Explain why these expenditures could be considered a form of capital.

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Macroeconomics, Economics

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