Improvements in technology cause _____ the production function.
A) a downward shift of
B) a downward shift of.
C) a leftward movement along
D) a leftward movement along.
E) an upward shift of.
F) an upward shift of
G) a rightward movement along.
H) a rightward movement along
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
Q137: The production function does NOT depend on:
A)the
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