As Additional Units of Labor Hours Are Employed,holding All Other

question 145

Multiple Choice

As additional units of labor hours are employed,holding all other factors constant,along the production function,

• A)real GDP increases at an increasing rate.
• B)nominal GDP decreases at an increasing rate.
• C)real GDP increases at a decreasing rate.
• D)real GDP increase at a constant rate.
• E)real GDP initially decreases and then starts to increase.