Author Question: Moving along the aggregate production function shows the relationship between ________, holding all ... (Read 133 times)

sam.t96 · **on:** Jun 29, 2018

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