Suppose That an Increase in Capital Per Hour Worked from $15,000

question 95

Multiple Choice

Suppose that an increase in capital per hour worked from $15,000 to $20,000 increases real GDP per hour worked by $500.If capital per hour worked increases further to $25,000,by how much would you expect real GDP per hour worked to increase if there are diminishing returns?

• A)by less than $500
• B)by exactly $500
• C)by more than $500 but less than $5,000
• D)by more than $5,000 but less than $20,000

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Definitions:

ANS

Autonomic Nervous System, part of the peripheral nervous system that controls bodily functions not consciously directed, such as breathing and heart rate.

Sympathetic Division

Subdivision of the autonomic division of the nervous system characterized by having the cell bodies of its preganglionic neurons located in the thoracic and upper lumbar regions of the spinal cord (thoracolumbar division); usually involved in preparing the body for physical activity; also called thoracolumbar division.

Parasympathetic Division

Subdivision of the autonomic nervous system; characterized by having the cell bodies of its preganglionic neurons located in the brainstem and the sacral region of the spinal cord (craniosacral division); usually involved in activating vegetative functions, such as digestion, defecation, and urination.

ANS

Short for autonomic nervous system, it controls involuntary bodily functions such as heart rate, digestion, and respiratory rate.