Saving and investment that increase a nationʹs capital lead to
A) a decrease in the amount of capital per worker.
B) slower growth because there is a lack of consumption.
C) an increase in labor productivity.
D) a decrease in labor productivity as capital is used to replace labor.
Correct Answer:
Verified
Q158: Q159: Q160: If real GDP is $11,750 billion and Q161: If capital per hour of labor increases, Q162: Labor productivity increases with Q164: Technological change Q165: If capital per worker rises, Q166: Which of the following contributes to an Q167: All of the following contribute to labor Q168: Factors that influence labor productivity include _.
A) increases in depreciation.
B)
A) lowers the real wage rate.
B)
A) labor productivity
A)
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