If an outflow of workers leaves a country with a smaller but more productive workforce and the capital per hour worked does not change,there will be ________ the per-worker production function in that country.
A) a movement up
B) a movement down
C) an upward shift of
D) a downward shift of
Correct Answer:
Verified
Q28: Most economic growth in the world occurred
Q30: Figure 22-1 Q32: If,after an outflow of workers in a Q46: How do economic growth rates affect a Q82: The per-worker production function shows the relationship Q86: New growth theory Q87: A small economy increased its capital per Q88: The per-worker production function has a _ Q94: The Soviet Union consistently increased the amount Q97: Which factors explain labor productivity?
A)states that the rate of
A)technological change; the
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