If technological change is "neutral," then
A) output per worker declines, output per unit of capital increases.
B) "effective labor input" increases, output per unit of capital declines.
C) output per worker increases, output per unit of capital is constant.
D) Both output per worker and output per unit of capital change.
D
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If one tracks the prices of critical metals, one sees that
a. they have risen more slowly than the general rate of inflation. b. they have risen about as rapidly as the general rate of inflation. c. the prices indicate increasing scarcity of the metals. d. the prices have fluctuated too wildly to conclude anything.
The government's chief forecasting gauge for business cycles is the
List and describe four factors that can contribute to economic growth
A free agent is a player who
A. can sell his services to the highest bidder. B. is eligible to be drafted. C. is bound to the team he was under contract with the previous year. D. must play for free.