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Author Question: Suppose that growth in output that can be attributed to growth in labor and capital is 2%. If output ... (Read 118 times)

jayhills49

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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
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Marked as best answer by jayhills49 on Apr 19, 2019

Animal_Goddess

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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.
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jayhills49

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Reply #2 on: Apr 19, 2019
TY


Animal_Goddess

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Reply #3 on: Apr 19, 2019
You're welcome


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