Technical progress that increases the productivity of L proportionately more than the productivity of K is called:
A) capital saving
B) labor saving
C) neutral
D) any of the above
Correct Answer:
Verified
Q4: Doubling only the amount of L available
Q5: The Rybczynski theorem postulates that doubling L
Q6: A 50 percent productivity increase in the
Q7: Doubling L with trade in a small
Q8: A proportionately greater increase in the nation's
Q10: Doubling K with trade in a large
Q11: An increase in tastes for the import
Q12: An increase in tastes of the import
Q13: Technical progress in the nation's export commodity:
A)may
Q14: Doubling L with trade in a large
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