If capital per hour of labor increases, real GDP per hour of labor
A) increases for a given level of technology.
B) increases because the level of technology increases.
C) decreases for a given level of technology.
D) decreases because the level of technology decreases.
Correct Answer:
Verified
Q183: Which of the following contributes to economic
Q184: Labor productivity rises
A) if firms invest in
Q185: Which of the following is NOT an
Q186: An increase in saving that leads to
Q187: Labor productivity increases with
A) increases in capital.
B)
Q189: Which of the following does NOT increase
Q190: Which of the following directly creates growth
Q191: If capital per worker rises,
A) firms respond
Q192: A decrease in population shifts the
A) labor
Q193: A higher savings rate that leads to
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