The production function measures productivity as:
A) GDP per person.
B) GDP per person
C) consumption per person
D) consumption per person.
E) the median income of workers
F) the median income of workers.
G) average disposable income
H) average disposable income.
Correct Answer:
Verified
Q125: Labor productivity growth can be attributed to:
A)expanding
Q126: To encourage economic growth, governments should _.
A)increase
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
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
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