Over the business cycle,factors such as the quantity of capital,human capital and technology
A)grow but do not fluctuate as much as the quantity of labor employed.
B)change drastically,fluctuating more than the quantity of labor employed.
C)fluctuate about the same amount as the quantity of labor employed.
D)do not grow and are therefore not the source of economic growth.
E)change randomly,sometimes growing,sometimes falling.

Question

Quizplus · Accepted Answer

The quantity of capital, human capital, and technology generally grow but do not fluctuate as much as the quantity of labor employed over the business cycle. This is because these factors are long-term investments that are not as easily changed as the number of workers employed in the short-term.

Over the Business Cycle,factors Such as the Quantity of Capital,human