A factor that does NOT drive productivity growth is:
A) convergence of real GDP per capita across nations
B) convergence of real GDP per capita across nations.
C) increases in physical capital
D) increases in physical capital.
E) technological progress.
F) technological progress
G) increases in human capital
H) increases in human capital.
Correct Answer:
Verified
Q127: _ refers to spending to develop and
Q128: The production function exhibits _ returns to
Q129: Human capital refers to:
A)output per worker
B)output per
Q130: The production function measures productivity as:
A)GDP per
Q131: The skills that workers bring to the
Q132: Diminishing returns to physical capital mean that
Q133: Because of diminishing returns to physical capital,
Q135: The production function exhibits _ returns to
Q136: Improvements in technology cause _ the production
Q137: The production function does NOT depend on:
A)the
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