Author Question: We can express the per-worker production function as a function of only per-worker capital thanks to ... (Read 86 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
We can express the per-worker production function as a function of only per-worker capital thanks to
 
  A) the decreasing marginal return of capital.
  B) the decreasing marginal return of labor.
  C) the constant returns to scale.
  D) the impatience of households.

Question 2

Policy independence for the Federal Reserve is logically similar to allowing the ________.
 
  A) National Oceanographic and Atmospheric Administration to select the nation's weather
  B) Congressional Budget Office to estimate the government's expenditures
  C) individual states to set highway speed limits
  D) Social Security Administration to determine benefit levels and eligibility requirements



hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library