Because of Its Effect on the Amount of Capital Per

question 26

Multiple Choice

Because of its effect on the amount of capital per worker,in the short term an increase in the working population is likely to

• A)raise productivity.Other things the same,this increase will be larger in a poor country.
• B)raise productivity.Other things the same,this increase will be larger in a rich country.
• C)reduce productivity.Other things the same,this decrease will be larger in a poor country.
• D)reduce productivity.Other things the same,this decrease will be larger in a rich country.

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Definitions:

Redundancy

The state of being no longer needed or useful, often used in the context of job positions that are eliminated or information that is repetitive.

Iteration

The repetition of a process or set of instructions in various contexts, often used in computing and mathematics to approach a desired outcome or solution.

Elaboration

The process of adding more detail or information to a concept or idea to enhance understanding or engagement.

Estimation

The process or an instance of making a rough calculation or judgment about the value, number, quantity, or extent of something.