Solved

If Capital Per Worker Rises

Question 161

Multiple Choice

If capital per worker rises

A) labor productivity decreases.
B) no technological progress occurs.
C) labor productivity increases.
D) firms respond by raising their prices.

Related Questions

Q156: What are the basic arguments of the

Q157: Which of the following contributes to an

Q158: The U.S. employment-to-population ratio peaked in 2000

Q159: Real GDP grows when<br>I. the quantities of

Q160: Which of the following is TRUE regarding

Q162: If new capital increases labor productivity, the

Q163: In general, a higher real wage rate

Q164: Which of the following statements is CORRECT?<br>I.

Q165: The Rule of 70 is used to<br>A)

Q166: A central proposition of the new growth