Use the Following to Answer Questions

question 111

Multiple Choice

Use the following to answer questions :
Scenario: Technological Progress and Productivity Growth in Techland
In Techland, from 1980 to 2010, holding technology and human capital fixed, increasing physical capital per worker from $25,000 to $100,000 would have led to a doubling of real GDP per worker, from $40,000 to $80,000. However, not only did physical capital per worker increase from $25,000 to $100,000, but technological progress shifted the productivity curve upward so that real GDP per worker actually increased from $40,000 to $320,000.
-(Scenario: Technological Progress and Productivity Growth in Techland) Look at the scenario Technological Progress and Productivity Growth in Techland. What share of the growth rate of real GDP per capita was attributable to increasing physical capital per worker?

• A)2.0%
• B)4.5%
• C)8.75%
• D)17.5%

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Definitions:

Unconditioned Stimulus

In traditional conditioning, a stimulus inherently and spontaneously elicits a reaction without needing prior knowledge.

Lime Margaritas

A cocktail made with lime juice, tequila, and triple sec, often served with salt on the rim of the glass.

Illness

A state of being in poor health due to disease, infection, or another medical condition, impacting an individual's well-being and functional abilities.

Unconditioned Response

An automatic, innate reaction to a stimulus that occurs without the need for prior learning.