All Else Equal,continued Increases in the Labour Supply in an Economy

question 58

Multiple Choice

All else equal,continued increases in the labour supply in an economy will lead to

• A) continued increases in the capital stock.
• B) higher levels of total factor productivity.
• C) smaller increases in real GDP.
• D) an increase in labour's share of income.

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Definitions:

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A method of networking where two or more PCs connect and share resources without going through a separate server computer.

Operating System

The fundamental software that manages hardware resources and provides common services for computer programs.

Home Operating

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A device that combines the functionalities of a modem and a router to connect computers to the internet and allow them to share the connection.