If the Slope of the Per-Worker Production Function Is 1/2

question 147

Multiple Choice

If the slope of the per-worker production function is 1/2 in a given range,how will a $10,000 increase in capital per hour worked affect real GDP per hour worked in the same given range?

• A)Real GDP per hour worked will increase by $5,000.
• B)Real GDP per hour worked will increase by $20,000.
• C)Real GDP per hour worked will increase by $10,000.
• D)Real GDP per hour worked will decrease by $20,000.

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Definitions:

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