If the slope of the per-worker production function is 1/4 in a given range, how will a $10,000 increase in capital per hour worked affect real GDP per hour worked in the same given range?
A) Real GDP per hour worked will increase by $10,000.
B) Real GDP per hour worked will decrease by $40.000.
C) Real GDP per hour worked will increase by $40,000.
D) Real GDP per hour worked will increase by $2,500.
D
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Refer to Figure 16-1. What is the price charged under perfect price discrimination?
A) P3 B) P4 C) a range of prices corresponding to the demand curve from P3 and above D) a range of prices corresponding to the demand curve from P4 and above
Describe any three price indices published by the Bureau of Labor Statistics that are not based on baskets of consumer goods
According to classical theory, desired saving always equals investment due to changes in
A. the interest rate. B. prices. C. wages. D. taxes.
Which of the following is NOT true about so-called mortgage-backed securities:
A. Before the crisis, they were believed by many banks to be a way of reducing loan risks B. Before the crisis, they played a major role in broadening home ownership in America C. They were linkages that spread instability across many financial institutions D. Their use was strongly discouraged by the Federal government