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Author Question: When the production function is represented by Y = NA, labor productivity is represented by which of ... (Read 304 times)

karen

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on: Jun 30, 2018
When the production function is represented by Y = NA, labor productivity is represented by which of the following expressions?
 
  A) 1/A
  B) NA
  C) A/Y
  D) Y/A
  E) none of the above

Question 2

An increase in the desire to save by households will cause
 
  A) a reduction in output.
  B) a reduction in investment.
  C) an increase in output.
  D) no change in investment and no change in output.


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k.lashomb

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


karen

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
Gracias!

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