If the capital stock decreases, then the economy will produce ____ output with the ____ amount of labor.
A) same, same
B) less, same
C) more, same
D) more, decreased
Correct Answer:
Verified
Q49: The amount of goods and services the
Q50: An economy could produce above its potential
Q51: A decrease in the stock of capital
Q52: Policy makers should manage aggregate demand so
Q53: Economists generally assume that _ economic growth
Q55: Policy should create an environment in which
Q56: An increase in the capital stock has
Q57: Real GDP is the product of the
A)total
Q58: In the analysis of potential GDP, labor
Q59: Environmentalists concern with rapid economic growth is
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