Which of the Following Statement Is Not True

question 61

Multiple Choice

Which of the following statement is not true?

• A) In the Solow model, the marginal productivity of capital depends on the level of capital.
• B) In the endogenous growth model, the marginal productivity of capital is diminishing.
• C) In the Solow model, the marginal productivity of capital diminishes as capital increases.
• D) In the endogenous growth model, the marginal productivity of capital is constant.

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Definitions:

First Collective Agreement

The inaugural labor contract negotiated between a union and an employer, setting the terms and conditions of employment.

Labour Legislation

Laws and statutes that regulate the relations between workers, employers, and unions, including aspects like working conditions, wages, and dispute resolutions.

Arbitration

A method of dispute resolution where a neutral third party (the arbitrator) makes a decision that is usually binding on all parties involved.

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