Author Question: We can express the per-worker production function as a function of only per-worker capital thanks to ... (Read 93 times)

Zulu123

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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

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Answer to Question 1

C

Answer to Question 2

D



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