Examlex

Solved

The Table Below Shows Various Values of Labour (L),capital (K),and

question 84

Multiple Choice

The table below shows various values of labour (L) ,capital (K) ,and technology (T) for Economies A,B,and C.In each case,the aggregate production function takes the following form: Y = T × The table below shows various values of labour (L) ,capital (K) ,and technology (T) for Economies A,B,and C.In each case,the aggregate production function takes the following form: Y = T ×     TABLE 25-4 Refer to Table 25-4.Consider the changes shown for L,K,and T for Economy C,where output (Y) is the economy's real GDP.As total labour and capital inputs rise,this economy will show A) rising GDP but falling per capita GDP. B) rising GDP and rising per capita GDP. C) rising GDP but constant GDP per capita. D) GDP rising more slowly than labour. E) GDP rising more slowly than capital. The table below shows various values of labour (L) ,capital (K) ,and technology (T) for Economies A,B,and C.In each case,the aggregate production function takes the following form: Y = T ×     TABLE 25-4 Refer to Table 25-4.Consider the changes shown for L,K,and T for Economy C,where output (Y) is the economy's real GDP.As total labour and capital inputs rise,this economy will show A) rising GDP but falling per capita GDP. B) rising GDP and rising per capita GDP. C) rising GDP but constant GDP per capita. D) GDP rising more slowly than labour. E) GDP rising more slowly than capital. TABLE 25-4 Refer to Table 25-4.Consider the changes shown for L,K,and T for Economy C,where output (Y) is the economy's real GDP.As total labour and capital inputs rise,this economy will show


Definitions:

Boiling Point

The temperature at which a substance changes from a liquid to a gas, varying based on atmospheric pressure.

Asepsis

Practices or procedures to prevent infection by eliminating microbial contamination.

Medical Office

A workspace designed for the use of healthcare professionals where administrative and clinical operations are performed.

Communicable Disease

An infectious disease that can be transmitted from person to person, animal to person, or via the environment.

Related Questions