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Author Question: Moving along the aggregate production function shows the relationship between ________, holding all ... (Read 103 times)

sam.t96

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Moving along the aggregate production function shows the relationship between ________, holding all else constant.
 
  A) capital input and real GDP
  B) labor input and real GDP
  C) labor input, capital input and real GDP
  D) technology and real GDP

Question 2

Suppose the labor force in Tiny Town is 100 people. If the ________ in Tiny Town is 150 people, the labor force participation rate equals ________ multiplied by 100.
 
  A) working age population; 100/150
  B) working age population; 100/250
  C) number of employed persons; 100/250
  D) number of employed persons; 100/150



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macmac

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Answer to Question 1

B

Answer to Question 2

A




sam.t96

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


at

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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