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.

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Definitions:

Condoms

Barrier forms of contraception made of latex, polyurethane, or lambskin that cover the penis during sexual activity to prevent pregnancy and reduce the risk of sexually transmitted infections.

Contraception

Methods or devices used to prevent pregnancy as a result of sexual intercourse.

Chromosomal Abnormality

A condition that involves changes or mutations in the number or structure of chromosomes, often leading to genetic disorders or variations.

Impregnation

The process of fertilizing an ovum by a sperm cell, leading to pregnancy in female mammals.