If more workers have more capital to work with, then production will increase.
Answer the following statement true (T) or false (F)
True
You might also like to view...
A currency appreciation should
a. reduce net exports and therefore increase aggregate demand. b. raise net exports and therefore decrease aggregate demand. c. reduce net exports and therefore decrease aggregate demand. d. raise net exports and therefore increase aggregate demand.
The problem of moral hazard exists when:
A. a bank is solvent but many of its assets are illiquid. B. agencies like the Fed act based on politics rather than sound economics. C. the failure of one financial institution can lead to the failure of other institutions. D. people or institutions, who are insured, tend to take on too much risk.
In a market system, resources will move away from an industry when:
A. Profits of firms in the industry are rising B. Demand for the industry's product is decreasing C. The production of output in the industry is rising D. Profits of firms in other industries are falling
Which of the following transactions is included in the GDP?
A. giving your friend a gift worth of $20 B. cleaning your own house C. paying a doctor for a medical checkup D. selling your 2018 Tesla vehicle