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    Modern Principles of Economics
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    Exam 8: Growth, Capital Accumulation and the Economics of Ideas: Catching up Vs the Cutting Edge
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    Figure: Increased Production in the Accompanying Graph, Which of the Following
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Figure: Increased Production in the Accompanying Graph, Which of the Following

Question 209

Question 209

Multiple Choice

Figure: Increased Production Figure: Increased Production   In the accompanying graph, which of the following events could cause the upward shift of the production function? A)  foreign direct investment B)  technological advancement C)  an increase in the capital stock D)  an aging labor force In the accompanying graph, which of the following events could cause the upward shift of the production function?


A) foreign direct investment
B) technological advancement
C) an increase in the capital stock
D) an aging labor force

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