Multiple Choice
Suppose increases in capital per worker lead to increased output per worker, but by decreasing amounts as capital increases.What does this indicate about the per-worker production function?
A) It is linear.
B) It has a decreasing slope.
C) It has an increasing slope.
D) It has a negative slope.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: How is labour productivity measured? <br>A) as total
Q48: The slope of the per-worker production function
Q49: Which of the following would NOT slow
Q50: Which major industrialized country had the highest
Q51: Between 1962 and 2010, what was the
Q53: When would an increase in labour productivity
Q54: According to the convergence theory, compared to
Q55: Suppose both total employment and total output
Q56: According to Simon Kuznets, what is the
Q57: Suppose a nation moves upward along its