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Author Question: If the stock of physical capital (that is machinery, equipment, etc.) and human capital remains the ... (Read 83 times)

Brittanyd9008

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on: Jun 30, 2018
If the stock of physical capital (that is machinery, equipment, etc.) and human capital remains the same and the population increases, then
 
  A) labor productivity will increase.
  B) labor productivity will decrease.
  C) real GDP decreases.
  D) the new labor will be more productive.
  E) the standard of living will increase.

Question 2

Discretionary funds are typically used by the Executive Branch and Congress for activist fiscal policies.
 
  Indicate whether the statement is true or false
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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kaykay69

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


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