Multiple Choice
-In the figure above, an increase in real GDP with an unchanged labor force could happen as a result of:
A) a smaller capital stock.
B) a higher level of technology.
C) a lower level of technology.
D) higher oil prices.
E) high tariffs.
Correct Answer:
Verified
Related Questions
Q10: The graphical relationship between real GDP and
Q11: The production function:
A) is linear.
B) is undefined
