The production function does NOT depend on:
A) the quantity of physical capital per worker.
B) the quantity of physical capital per worker
C) human capital per worker.
D) human capital per worker
E) the state of technology.
F) the state of technology
G) the amount of natural resources available
H) the amount of natural resources available.
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,
Q134: A factor that does NOT drive productivity
Q135: The production function exhibits _ returns to
Q136: Improvements in technology cause _ the production
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