The Soviet Union consistently increased the amount of capital available to its workers, but found that increases in capital resulted in progressively smaller and smaller increases in GDP per worker. This phenomenon is referred to as
A) diminishing returns to capital. B) a rising standard of living.
C) new growth theory. D) a shift of the per-worker production function.
Question 2
Unemployment caused by a business cycle recession is called cyclical unemployment.
Indicate whether the statement is true or false
An example of polymorphism: the two colour variations found in the orchid Dactylorhiza sambucina.
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Open space is found in a Lodgepole pine stand after thinning.
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