If the Quantity of Capital Per Worker in the Economy

question 239

Multiple Choice

If the quantity of capital per worker in the economy increases

• A) the amount of money held by workers increases.
• B) labor productivity increases.
• C) the stock of human capital necessarily increases.
• D) the stock of financial assets held by the public increases.

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Definitions:

Random Variable

A variable representing numerical results from a chance event.

Standard Normal

A normal distribution with a mean of 0 and a standard deviation of 1, used as a basis for comparing different distributions.

Obtaining

The act of acquiring or securing something.

Standard Normal

A bell-shaped distribution where the mean is 0 and the standard deviation is 1.