If Capital Per Worker Increases, Labour Productivity

question 70

Multiple Choice

If capital per worker increases, labour productivity

• A)decreases for a given level of technology.
• B)increases because the level of technology increases.
• C)increases for a given level of technology.
• D)decreases because the level of technology decreases.
• E)does not change unless technology advances at the same time.

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Definitions:

Mortgage Trusts

Investment vehicles that pool mortgage loans and issue shares to investors, who receive dividends from the interest and principal payments made by borrowers.

REITs

Real Estate Investment Trusts, companies that own, operate, or finance income-generating real estate, allowing investors to invest in large-scale real estate properties.

Growth Fund

A type of mutual fund or investment fund that focuses on investing in growth stocks or companies expected to grow at an above-average rate compared to their industry or the market.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to describe the per share/unit value of the fund.