Multiple Choice
The productivity curve is a relationship between
A) real GDP per hour of labor and capital per hour of labor,with technology held constant.
B) nominal GDP per hour of labor and capital per hour of labor,with technology held constant.
C) real GDP per hour of labor and capital per hour of labor whenever technological growth occurs.
D) real GDP per unit of capital and capital per hour of labor,with technology held constant.
E) capital per hour of labor and technological growth.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: How do we calculate growth in a
Q3: As the real wage rate rises,the opportunity
Q4: Define the production function.Discuss why the production
Q5: The supply of labor curve has a
Q6: During 2008,Swaziland had a real GDP growth
Q7: Which of the following lists gives factors
Q8: The Rule of 70 states that the
Q9: In 2011,real GDP in the United States
Q10: Real GDP can increase either because the
Q11: The production function shows that as employment