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Author Question: If rapid population growth reduces the amount of capital per worker, thereby lowering labor ... (Read 66 times)

casperchen82

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If rapid population growth reduces the amount of capital per worker, thereby lowering labor productivity, it is referred to as:
 a. age dependency.
  b. capital budgeting.
  c. investment diversion.
  d. capital disinvestment.
  e. capital shallowing.

Question 2

A deadweight loss occurs as a result of a per-unit tax because:
 a. the government spends tax dollars less efficiently than do private citizens.
 b. there is a decline in output for units for which the marginal benefit exceeds the marginal cost.
  c. taxes cause an overproduction of output relative to the socially efficient level or production.
  d. a surplus is created.



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JaynaD87

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Answer to Question 1

e

Answer to Question 2

b




casperchen82

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


ashely1112

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Reply 3 on: Yesterday
Excellent

 

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