Figure 11-1
-Refer to Figure 11-1.Within a country,the impact of wars and revolutions and their subsequent destruction of capital is reflected in the per-worker production function in the figure above by a movement from

Question

Figure 11-1 
-Refer to Figure 11-1.Within a country,the impact of wars and revolutions and their subsequent destruction of capital is reflected in the per-worker production function in the figure above by a movement from

Quizplus · Accepted Answer

Wars and revolutions often result in the destruction of capital, which decreases the amount of capital available per worker. This is represented by a movement from point C to point A in the per-worker production function, indicating a reduction in capital per worker and consequently a decrease in output per worker.

Figure 11-1 -Refer to Figure 11-1.Within a Country,the Impact of Wars and of Wars