A Small Country Has an Aggregate Production Function Given by Y

question 191

Multiple Choice

A small country has an aggregate production function given by Y = AK^1/2. What would need to happen to the aggregate production function to represent an advance in technology?

• A) K would need to increase.
• B) A would need to increase.
• C) K would need to decrease.
• D) A would need to decrease.

---

Definitions:

Occipital Condyles

Rounded protuberances found on the occipital bone of the skull that articulate with the first cervical vertebra, allowing for nodding and rotation of the head.

Cervical Vertebra

The vertebrae of the spine found at the neck region, supporting the skull and enabling a wide range of head movement.

Mandible

The lower jawbone, which is the largest and strongest bone in the human face.

Appendicular Skeleton

A section of the skeletal framework consisting of bones in the arms and legs, alongside the shoulder and pelvic bones that connect them to the central core of the skeleton.