If the level of technology rises,GDP per hour of labor
A) increases for any level of capital per hour of labor.
B) increases because the level of capital per hour of labor increases.
C) decreases for a given level of capital per hour of labor.
D) decreases because the level of capital per hour of labor decreases.
E) does not change because GDP increases only when capital or labor increases.
Correct Answer:
Verified
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