The Per Worker Production Function Shows the Relationship Between

question 12

Multiple Choice

The per worker production function shows the relationship between

• A) the labour force and the capital stock.
• B) the supply of labour and the population.
• C) the hours worked and the number of workers.
• D) real GDP per worker and capital per worker.

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Definitions:

RNA Nucleotides

The basic structural units of RNA, composed of a nitrogenous base, a ribose sugar, and a phosphate group.

Triphosphates

Organic compounds that contain three phosphate groups and are involved in energy transfer within cells, ATP being the most notable example.

Transcription

The process by which the genetic information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA).

Translation

The process by which the sequence of bases in messenger RNA is converted into the sequence of amino acids in a protein by ribosomes and transfer RNA.