Other Things Equal, in Which of the Following Instances Would

question 36

Multiple Choice

Other things equal, in which of the following instances would the increase in labour productivity be the greatest?

• A)the stock of real capital and inputs of labour increase proportionately
• B)the increase in the stock of real capital exceeds the increase in inputs of labour
• C)the increase in inputs of labour exceeds the increase in the stock of real capital
• D)inputs of labour increase and the stock of real capital remains constant

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Definitions:

Heuristic

A simple, efficient rule or method used to make decisions, learn something, or solve problems quickly.

Door-In-The-Face Tactic

Multiple-request technique to gain compliance, in which the focal request is preceded by a larger request that is bound to be refused.

Compliance Technique

Strategies used to persuade or influence others to agree with or obey a request or command.

Emotional Tactic

A strategy that uses emotions to influence or manipulate others' decisions or perceptions.