Suppose the stock of capital increases by 2% and employment increases by 2%.Given this information,we know that
A)output per capita will increase by 6%.
B)output will increase by 4%.
C)output per capita will increase by less than 4% and more than 2%.
D)none of the above

Question

Quizplus · Accepted Answer

The Answer of Suppose the stock of capital increases by 2% and employment increases by 2%.Given this information,we know that
A)output per capita will increase by 6%.
B)output will increase by 4%.
C)output per capita will increase by less than 4% and more than 2%.
D)none of the above

Suppose the Stock of Capital Increases by 2% and Employment