Author Question: Refer to Figure 11-2. Based on the per-worker production function above, if the economy raises ... (Read 82 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
Refer to Figure 11-2. Based on the per-worker production function above, if the economy raises capital per hour worked from 35,000 to 40,000, by how much will real GDP per hour worked increase?
 
  A) 150 B) 1,850 C) 2,000 D) 5,000

Question 2

Cyclical unemployment is the result of
 
  A) the search process of matching workers with jobs.
  B) a slowdown in the economy.
  C) a persistent mismatch between the skills and characteristics of workers and the requirements of the jobs.
  D) the ups and downs in inflation.



bob

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library