If capital per worker decreases, real GDP per hour of labour
A) decreases because the level of technology decreases.
B) increases because the level of technology increases.
C) increases for a given level of technology.
D) decreases for a given level of technology.
E) none of the above
Correct Answer:
Verified
Q72: Human capital is the
A)machinery used by humans
Q73: The new growth theory holds that growth
Q73: Which theory of economic growth argues that,
Q74: Which one of the following quotations could
Q75: Which of the following statements regarding human
Q76: If capital per worker increases, labour productivity
A)decreases
Q78: Factors that influence labour productivity include
A)the inflation
Q79: Labour productivity rises when
A)technological progress is stagnant.
B)firms
Q81: Which of the following does not contribute
Q82: _ fits the facts of today's world
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents