If the level of technology rises, GDP per hour of labor
A) decreases for a given level of capital per hour of labor.
B) increases for any level of capital per hour of labor.
C) decreases because the level of capital per hour of labor decreases.
D) increases because the level of capital per hour of labor increases.
E) does not change because GDP increases only when capital or labor increases.
Question 2
In the figure above, a price of 35 per dozen roses results in
A) a surplus.
B) upward pressure on the price of roses.
C) equilibrium.
D) a shortage.
E) an eventual rightward shift of the demand curve and/or leftward shift of the supply curve.
Technology
The structure of skin (a) and epidermis (b) at the microscopic level.
Child Labor Rates and GDP Worldwide
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ...