If the Slope of the Per-Worker Production Function Is 1/4

question 17

Multiple Choice

If the slope of the per-worker production function is 1/4 in a given range, how will a $10,000 increase in capital per hour worked affect real GDP per hour worked in the same given range?

• A)Real GDP per hour worked will increase by $2,500.
• B)Real GDP per hour worked will increase by $40,000.
• C)Real GDP per hour worked will increase by $10,000.
• D)Real GDP per hour worked will decrease by $40.000.
• E)Real GDP per hour worked will decrease by $10,000.

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Definitions:

Information Register

The capacity for storing information temporarily in the mind, playing a critical role in decision-making and other cognitive processes.

Memory

The ability of the mind to store and recall information, experiences, images, or sensations.

Sensed

Perceived or felt through any of the senses, such as sight, hearing, touch, taste, or smell, often implying a degree of intuition or awareness.

Muscle Tremors

Involuntary, rhythmic muscle contractions leading to shaking movements in one or more parts of the body.