Multiple Choice
If Q is total real output,K is capital in use,L is labor employed,and the productivity of labor grows,other things constant,then
A) K/L rises
B) L/K rises
C) Q/L rises
D) Q/K falls
E) (Q + K) /L falls
Correct Answer:
Verified
Correct Answer:
Verified
Q25: Long-term growth in production can be explained
Q113: If increases in capital per worker lead
Q114: The share of research and development funding
Q115: An increase in the quantity of capital
Q116: The rules of the game include all
Q117: Physical capital includes all of the following
Q118: Education makes workers aware of the latest
Q120: Many people believe that government should promote<br>A)seriousness<br>B)hard
Q121: A decrease in the capital-labor ratio means<br>A)higher
Q123: Productivity growth averaged approximately 3 percent per