The Level of Potential Output in the United States Increases

question 137

Multiple Choice

The level of potential output in the United States increases as the

• A) supply of labor increases.
• B) stock of capital decreases.
• C) demand for labor decreases.
• D) supply of labor decreases.

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Definitions:

Acheulean Tool Tradition

An archaeological industry of stone tool manufacture characterized by distinctive oval and pear-shaped hand-axes associated with early humans.

Hand Axe

A prehistoric stone tool, often bifacially flaked to a point or edge, used by early humans for chopping, cutting, and as a general utility tool.

Neandertals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, known for their robust build and large brain capacity.

Genus

In the system of plant and animal classification, a group of like species.