When the population increases with no change in labour productivity, employment ________ and potential GDP ________.
A) decreases; decreases
B) increases; increases
C) decreases; increases
D) increases; decreases
E) increases; does not change
Correct Answer:
Verified
Q47: Labour productivity is
A)real GDP per hour of
Q48: When labour productivity increases, the demand for
Q49: An increase in population results in
A)an upward
Q50: Ceteris paribus, an increase in labour productivity
Q51: Use the figure below to answer the
Q53: Use the table below to answer the
Q54: If new capital increases labour productivity, the
Q55: Use the figure below to answer the
Q56: Use the figure below to answer the
Q57: If the population increases, then potential GDP
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