If Capital Per Worker Decreases, Real GDP Per Hour of Labour

question 60

Multiple Choice

If capital per worker decreases, real GDP per hour of labour

• A)decreases because the level of technology decreases.
• B)increases because the level of technology increases.
• C)increases for a given level of technology.
• D)decreases for a given level of technology.
• E)none of the above

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Definitions:

Negative Deviations

Differences where observed values fall below the expected or average values in a data set.

Negatively Skewed

A distribution that is skewed to the left, indicating that the tail on the left side is longer or fatter than the right side.

Parameters

In statistics, parameters are numerical characteristics of a population, such as mean or standard deviation, that are typically unknown and estimated from sample data.

Statistics

The study of the collection, analysis, interpretation, presentation, and organization of data.