Multiple Choice
We know that output per worker (Y/N) will increase when which of the following occurs?
A) A decrease in K/N.
B) An increase in N.
C) A decrease in K.
D) An increase in K.
E) A decrease in the saving rate.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q20: Assume that the stock of capital increases
Q21: The assumption of constant returns to scale
Q22: "Leapfrogging" refers to:<br>A) the interchangeability of capital
Q23: Suppose there are two countries that are
Q26: Assume that there are decreasing returns to
Q27: Assume that the aggregate production function exhibits
Q28: Which of the following represents the best
Q29: To what extent have the two main
Q30: Suppose there are two countries that are
Q63: First,what are the primary determinants of output