Changes in Factor- Utilization Rates Are Considered Important for Explaining

question 35

Multiple Choice

Changes in factor- utilization rates are considered important for explaining short- run changes in real GDP because

• A)additions to the labour force occur more frequently than changes in the utilization rate .
• B)changes to the capital stock are almost impossible to make in the short run.
• C)the employment ratio of labour and the amount of excess capacity respond quickly to changes in aggregate demand or supply.
• D)land and capital can change only in the short run.
• E)wages increase and decrease rapidly in the short run, dampening the effect of factor utilization.

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Definitions:

Cellulose

Cellulose is an organic compound and a polysaccharide made up of glucose units, forming the primary structural component of plant cell walls and providing rigidity to plants.

Structural Isomers

Molecules that have the same molecular formula but differ in the arrangement of atoms.

Geometric Isomers

Molecules that have the same formula and sequence of bonded atoms, but differ in the three-dimensional orientations of their atoms in space.

Enantiomers

Two isomeric chemical compounds that are mirror images.