Multiple Choice
Labour productivity, measuring the output per worker,
A) increases with increases in technology.
B) decreases with increases in technology.
C) increases with increases in capital stock.
D) is impossible to measure since so many workers are involved in the service sector.
Correct Answer:
Verified
Correct Answer:
Verified
Q51: Our standard of living is most closely
Q55: Which of the following expenditures to enhance
Q56: If a production function exhibits constant returns
Q57: Which of the following describes an increase
Q58: If the capital stock increases faster than
Q59: Human capital refers to human-made capital such
Q82: Thomas Malthus's predictions turned out to be
Q99: How do outward-oriented policies affect a nation's
Q146: What is a production function? Write an
Q176: In addition to investment in physical and