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Figure 7.3 Alt text for Figure 7.3: In figure 7.3, a graph, comparing capital per hour worked and real GDP per hour worked.
Long description for Figure 7.3: The x-axis is labelled, capital per hour worked, K/L.The y-axis is labelled, real GDP per hour worked, Y/L.2 concave curves originating from 0 at the vertex are shown.5 points A ($50000, $15000) , B ($60000, $16000) , C ($70000, $16400) , D ($80000, $16500) , and E ($60000, $17000) are plotted.The curve labelled Production function 1, passes through points A, B, C, and D.The curve labelled Production function 2, passes through point E.These 5 points are connected to their respective coordinates on the x and y-axis with dotted lines.
-Refer to Figure 7.3. A large group of new workers entering the labour force is shown in the figure above by a movement from
Continental Crust
The relatively thick part of the Earth's crust that forms the large landmasses. It is generally older and more complex than the oceanic crust.
Elevation
The height of a point or object above a reference level, typically above sea level.
Stretched
In geological contexts, stretched refers to the extension or elongation of the Earth's crust as a result of tectonic activities, leading to the formation of features such as rift valleys.
Erode Material
Refers to substances or objects that have experienced erosion, the process where natural forces like water and wind remove soil, rock, or dissolved material from one location and then transport it to another.
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