Figure 3.5 shows that, as the nation's capital stock eroded, future living standards-measured in terms of GDP per capita-inevitably would fall.
The nation's capital stock is eroding at 1% every five years.
mnli hypothesis: The nation's capital stock is eroding at 1% every five years. premise: Figure 3.5 shows that, as the nation's capital stock eroded, future living standards-measured in terms of GDP per capita-inevitably would fall.