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:

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