-The country of Kemper is on its aggregate production function at point W in the above figure. If the population increases with no change in capital or technology, the economy will

Question

Quizplus · Accepted Answer

An increase in population with no change in capital or technology typically leads to a decrease in capital per worker, moving the economy to a lower point on the production function, such as point X.

-The Country of Kemper Is on Its Aggregate Production Function