In the Long Run, Most of the Growth in Aggregate

question 49

Multiple Choice

In the long run, most of the growth in aggregate hours comes from

• A) population growth.
• B) advances in technology.
• C) increases in the labor force participation rate.
• D) increases in labor productivity.
• E) None of the above answers is correct because the premise of the question is wrong since aggregate hours will not grow in the long run.

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Definitions:

Alfred Russel Wallace

A British naturalist, explorer, geographer, and biologist, best known for independently conceiving the theory of evolution through natural selection.

Charles Darwin

A 19th-century naturalist and geologist known for developing the theory of natural selection, significantly contributing to the understanding of evolution.

William Smith

Often referred to as the "Father of English Geology," he created the first nationwide geological map and contributed significantly to the science of stratigraphy.

Early Geologists

Professionals or scientists dedicated to the study of the Earth's physical structure and substance, its history, and the processes that act on it.