Figure 7-1

question 152

Multiple Choice

Figure 7-1. On the horizontal axis, K/L represents capital (K) per worker (L) . On the vertical axis, Y/L represents output (Y) per worker (L) .

-Refer to Figure 7-1. The shape of the curve is consistent with which of the following statements about the economy to which the curve applies?

• A) In the long run, a higher saving rate leads to a higher level of productivity.
• B) In the long run, a higher saving rate leads to a higher level of income.
• C) In the long run, a higher saving rate leads to neither a higher growth rate of productivity nor a higher growth rate of income.
• D) All of the above are correct.

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Definitions:

Monaural Cues

Sound localization cues that can be picked up by one ear, helping to identify the direction and distance of sounds in the environment.

Pitch

The quality of a sound governed by the rate of vibrations producing it; perceived as a degree of highness or lowness of a tone.

Amplitude

The height or intensity of a wave signal, which in terms of sound, determines its loudness, and in light, influences its brightness.

Decibels

A unit of measurement that indicates the intensity of sound on a logarithmic scale, representing the ratio of a particular sound pressure to a reference level.