Suppose That Growth in Output That Can Be Attributed to Growth

question 71

Multiple Choice

Suppose that growth in output that can be attributed to growth in labor and capital is 6%. If output grows at a rate of 6%, it must be the case that

• A) the economy is not experiencing technological progress.
• B) growth in labor force exceeds growth in capital.
• C) growth in capital exceeds growth in labor.
• D) the economy is experiencing technological progress.

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Definitions:

Direct Request

A communication approach where the speaker explicitly states their need or desire without ambiguity.

Polite

Showing consideration for others through manners and respectful behavior.

Goodwill Messages

Communications intended to build positive relationships, convey goodwill, or express appreciation or congratulation.

Claim Message

A formal communication in which an individual or organization lays out a problem and requests action or compensation; similar to a customer's claim but can also apply in insurance and other professional contexts.