During the Latter Half of the Twentieth Century, the Soviet

question 45

Multiple Choice

During the latter half of the twentieth century, the Soviet Union made more physical capital available to its workers, but this increase resulted in successively smaller increases in productivity. This example illustrates:

• A) diminishing returns to human capital.
• B) a decline in technology.
• C) a declining standard of living.
• D) diminishing returns to physical capital.

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