Employing an Additional 1 Billion Hours of Labor Increases Real

question 322

Multiple Choice

Employing an additional 1 billion hours of labor increases real GDP by $12 billion. Employing another 1 billion hours beyond the first 1 billion increases real GDP by $11 billion. Hence we can conclude from this information that as employment increases, real GDP

• A)increases at an increasing rate.
• B)decreases at an increasing rate.
• C)decreases at a decreasing rate.
• D)increases at a decreasing rate.
• E)falls from $12 billion to $11 trillion as more workers are hired.

Understand the political and economic motivations behind U.S. foreign policies during the Cold War.

Analyze the effects of school integration and the fight against segregation.

Identify the characteristics and effects of the new conservative movement in the 1950s.

Understand the critique and resistance against conformity and materialism in the 1950s.

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