Author Question: Which of the following is true of small changes in productivity growth rates? a. Small changes in ... (Read 51 times)

Kikoku · **on:** Jun 30, 2018

Which of the following is true of small changes in productivity growth rates?
a. Small changes in productivity growth rates decrease the productivity of workers in the short run compounding the problem.
b. The effects of small changes in productivity growth rates are compounded over the years leading to large cumulative effects.
c. Small increases in productivity growth rates cause output to fall.
d. The effects of small changes in productivity growth rates are negligible.
e. Small decreases in productivity growth rates cause output to increase.

Question 2

A merger between two manufacturers of computers would result in which of the following?
a. A vertical merger.
b. A conglomerate merger.
c. A horizontal merger.
d. A monopoly merger.