The production function exhibits _____ returns to physical capital.
A) diminishing but positive
B) diminishing but positive.
C) diminishing and negative
D) diminishing and negative.
E) increasing and positive.
F) increasing and positive
G) increasing but negative.
H) increasing but negative
Correct Answer:
Verified
Q123: What are two main ways in which
Q124: A factor that promotes productivity and therefore
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
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,
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