All Else Equal,if There Are Diminishing Returns,then If a Country

question 10

Multiple Choice

All else equal,if there are diminishing returns,then if a country raised its capital by 100 units last year and by 100 units this year,

• A)the increase in output was greater for this year than last year.
• B)the increase in output was greater last year than this year.
• C)the increase in output is the same in both years.
• D)None of the above is necessarily correct.

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Definitions:

Margin of Error

A measure of the precision of a survey's results, representing the extent to which the survey results might differ from the actual population value.

Vitamin Supplements

Products taken orally that contain one or more vitamins or minerals intended to supplement one's diet.

Confidence Estimate

A numerical range or boundary calculated to predict where a certain population parameter is likely to fall with a specified level of certainty.

Body Mass Index (BMI)

A numerical computation that compares a person's weight and height to assess body fatness, used to indicate if a person is underweight, overweight, or within a healthy weight range.