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

Author Question: Suppose that growth in output that can be attributed to growth in labor and capital is 2%. If output ... (Read 125 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Apr 19, 2019

Question 1

Suppose that growth in output that can be attributed to growth in labor and capital is 6%. If output grows at a rate of 6%, it must be the case that


◦ the economy is not experiencing technological progress.
◦ growth in labor force exceeds growth in capital.
◦ growth in capital exceeds growth in labor.
◦ the economy is experiencing technological progress.

Question 2

Suppose that growth in output that can be attributed to growth in labor and capital is 2%. If output grows at a rate of 5%, it must be the case that


◦ growth in labor exceeds growth in capital.
◦ growth in capital exceeds growth in labor.
◦ the economy is experiencing technological progress.
◦ the economy is not spending enough on acquiring human capital.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jayhills49 on Apr 19, 2019

Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


jayhills49

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Apr 19, 2019
TY


Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Tip growth by a pollen tube. Tip growth by a pollen tube.
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Population Growth and Change Population Growth and Change
Growth Forecast from The Limits To Growth Growth Forecast from The Limits To Growth
Bacteria growth curve Bacteria growth curve
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library