On a production function, as capital per worker increases, output per worker
A: increases. This increase is larger at larger values of capital per worker.
B: increases. This increase is smaller at larger values of capital per worker.
C: decreases. This decrease is larger at larger value of capital per worker.
D: decreases. This decrease is smaller at larger value of capital per worker.
A: increases. This increase is larger at larger values of capital per worker.
B: increases. This increase is smaller at larger values of capital per worker.
C: decreases. This decrease is larger at larger value of capital per worker.
D: decreases. This decrease is smaller at larger value of capital per worker.
举一反三
- The money supply increases when the Fed A: buys bonds. The increase will be larger the smaller the reserve ratio is. B: buys bonds. The increase will be larger the larger the reserve ratio is. C: sells bonds. The increase will be larger the smaller the reserve ratio is. D: sells bonds. The increase will be larger the larger the reserve ratio is.
- A happy worker is a harder worker.
- 9 A hard worker is a happy worker.
- In the Ricardian model, comparative advantage is likely to be due to _____. A: scale economies. B: home product taste bias. C: greater capital availability per worker. D: labor productivity differences.
- Potential GDP per labor hour can increase due to A: increases in labor productivity. B: increases in the quantity of money. C: increases in population. D: decreases in the quantity of capital.