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To: pater tenebrarum who wrote (39412)6/13/2000 7:10:00 PM
From: UnBelievable  Read Replies (1) | Respond to of 42523
 
Nope - AG Said Everything is Cool

There is considerable evidence at the microeconomic level that companies have continued to reap ample returns on capital outlays. In that regard, the rate of return on capital has been well maintained in recent years, despite the huge expansion of the capital stock. This conclusion runs counter to our usual expectation that increased supply brings down the marginal product of capital and is certainly consistent with some continuing improvement in multifactor productivity.