This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose a country experiences an increase in output per worker. Such a development represents which ... (Read 54 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
Suppose a country experiences an increase in output per worker. Such a development represents which of the following?
 
  A) an increase in labor productivity B) an increase in population growth
  C) a reduction in the saving rate D) a decrease in economic growth

Question 2

We draw the long-run aggregate supply curve as a vertical line to reflect the fact that
 
  A) changes in the price level do not alter the level of long-run real GDP after full adjustment has occurred.
  B) an accurate depiction of the production possibilities curve is vertical after full adjustment has occurred.
  C) technology and resource endowments do not affect long-run real GDP after full adjustment has occurred.
  D) the productive capacity of the economy never changes after full adjustment has occurred.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Gracias!

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

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?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
Umberto Boccioni, Development of a Bottle in Space. Umberto Boccioni, Development of a Bottle in Space.
Development of varicose veins. Development of varicose veins.
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library