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 119 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?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

AC ripple at the output terminal of the battery is more accurate than testing at the battery due ... AC ripple at the output terminal of the battery is more accurate than testing at the battery due ...
Suburban Growth Suburban Growth
Indentured Labor from Asia Indentured Labor from Asia
Attributed to the Hirschfeld Workshop FUNERARY KRATER Attributed to the Hirschfeld Workshop FUNERARY KRATER
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library