Solved

Productivity, Defined as Real GDP Per Hour Worked, Increases If

Question 111

Multiple Choice

Productivity, defined as real GDP per hour worked, increases if


A) All of these
B) new technologies are continuously discovered.
C) saving and investment cause an increase in the quantity of capital per worker.
D) the average educational level of the work force increases.
E) new knowledge is applied in production.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q106: According to the growth-accounting formula, productivity growth<br>A)can

Q107: Productivity continues to grow in the twenty-first

Q108: The purpose of the growth accounting formula

Q109: Which of the following best explains the

Q110: Diminishing marginal returns can be associated with

Q112: If capital per hour of work is

Q113: Diminishing returns to labor means that<br>A)the greater

Q114: Which of the following could the government

Q115: Why are intellectual property laws necessary for

Q116: Suppose in 2016 that real GDP of