If the Level of Technology Rises, Real GDP Per Hour

question 145

Multiple Choice

If the level of technology rises, real GDP per hour of labor

• A) increases because the amount of capital per hour of labor increases.
• B) decreases because the level of capital per hour of labor decreases.
• C) decreases for a given level of capital per hour of labor.
• D) increases for any level of capital per hour of labor.

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Definitions:

Punishments

Refers to penalties imposed for wrongdoing, often with the intention of correcting behavior or serving as a deterrent to others.

Discriminatory Practices

Actions or policies that treat individuals or groups unfairly based on characteristics such as race, gender, age, or sexual orientation.

Socialized

The process through which individuals learn and internalize the values, beliefs, and norms of their society or social group, influencing their behavior and perceptions.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.