Which of the following will cause a decrease in output per worker in the long run?
A) Contractionary fiscal policy.
B) Capital accumulation.
C) Population growth.
D) Technological progress.
E) Contractionary monetary policy.
Correct Answer:
Verified
Q22: Research looking at the relationship between income
Q23: Assume that the aggregate production function exhibits
Q24: Aggregate output will fall when which of
Q25: Assume that a country experiences a permanent
Q26: Assume that the saving rate decreases. We
Q28: In the OECD countries, there is a
Q29: Between 1950 and 2009, standards of living
Q30: Which of the following countries had the
Q31: Assume that N and K both increase
Q32: The assumption of constant returns to scale
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents