A Problem with the Constant Average Product of Capital Growth

question 34

Multiple Choice

A problem with the constant average product of capital growth model is that:

• A)a common view among economist is that the average product of capital eventually starts to fall as capital rises.
• B)output per worker grows in the long run.
• C)the Y/K ratio grows.
• D)all of the above.

---

Definitions:

Cognitive-Behavioral View

A psychological approach that combines cognitive and behavioral techniques to address dysfunctional emotions, behaviors, and thoughts.

Fragmented Sense

A partial or incomplete sense of awareness, often perceived in a scattered or incoherent form.

Psychodynamic Theorist

A professional who studies and applies theories focusing on the unconscious mind, internal conflicts, and past experiences influencing current behavior.

Psychosis

A mental state characterized by a disconnection from reality, often involving delusions or hallucinations.