The Shape of the Productivity Curve Reflects the

question 71

Multiple Choice

The shape of the productivity curve reflects the

• A)change in labor productivity as human capital increases.
• B)effects of capital accumulation.
• C)effects of population growth.
• D)effects of technological progress.
• E)law of diminishing marginal returns.

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Definitions:

Cross-sectional

A research design that collects data from different individuals of different ages or developmental stages at a single point in time.

Longitudinal

A type of study or research design that follows the same subjects over a period of time to observe changes or developments.

Experimental

Pertaining to a method of inquiry in science and psychology involving controlled testing of variables to study effects or outcomes.

Retrospective

An approach or study that looks back at events or experiences from the past.