Multiple Choice
Which of the following would decrease national output?
A) a new idea to improve the production process
B) a natural disaster that destroys some capital
C) an increase in human capital
D) an increase in labor
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q65: In the Solow model production function, an
Q66: The development of new and better ideas
Q67: Which of the following are TRUE? I.
Q69: Consider the following production function . The
Q71: A small country's aggregate production function per
Q72: Which of the following is NOT a
Q73: According to the Solow model, countries with
Q96: Explain why patents are important for innovation.
Q106: Both institutions and property rights are becoming
Q162: The marginal product of capital is the