Figure 25-1

question 44

Multiple Choice

Figure 25-1.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 25-1.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 growth rate of productivity.
• B)In the long run,a higher saving rate leads to a higher growth rate of income.
• C)Returns to capital become increasingly smaller as the amount of capital per worker increases.
• D)All of the above are correct.

---

Definitions:

Meditation

A practice where an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state.

EEG Recordings

Electrical recordings of the brain's activity, captured through electrodes placed on the scalp, used in diagnosing certain neurological conditions and in research.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Hallucinogenic Drug

Substances that alter perception, thoughts, and feelings, leading to hallucinations that are not present in reality.