Figure 22-3
-Refer to Figure 22-3. Which of the following would cause an economy to move from a point like A in the figure above to a point like B?
A) an improvement in technology
B) a decrease in capital per hour worked
C) an increase in capital per hour worked
D) a technological regression
Correct Answer:
Verified
Q82: The per-worker production function shows the relationship
Q85: What is human capital?
A)labor productivity
B)buildings,equipment,and machinery owned
Q88: The per-worker production function has a _
Q90: If the per-worker production function shifts up
A)it
Q91: Technological change will
A)shift the per-worker production function
Q92: An economic growth model
A)explains changes in nominal
Q93: Creative destruction means that
A)firms develop new products
Q94: The Soviet Union consistently increased the amount
Q96: Figure 22-3 Q100: If there is a change in the
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