If the Number of Workers in an Economy Doubled,all Other

question 90

Multiple Choice

If the number of workers in an economy doubled,all other inputs stayed the same,and there were constant returns to scale,productivity would

• A)fall to less than one-half of its former value.
• B)fall,but it would still be greater than one-half of its former value.
• C)stay the same.
• D)rise but less than double.

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Definitions:

Professional Indemnity Insurance

Insurance that provides coverage to professionals against claims made by clients for loss or damage due to negligent services or advice.

Liability Coverage

A type of insurance that provides protection against claims resulting from injuries and damage to people or property.

Malpractice Claims

Legal claims made against professionals (e.g., doctors, lawyers) for failing to provide proper services, resulting in harm to the claimant.

Accountant-Client Privilege

A legal privilege that confidentializes communication between accountants and their clients, protecting certain information from being disclosed in legal proceedings.