Which of the Following Will Cause a Reduction in Output

question 18

Multiple Choice

Which of the following will cause a reduction in output per worker (Y / N) ?

• A)a reduction in the capital stock (K)
• B)a reduction in the saving rate
• C)a reduction in K / N
• D)all of the above

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Definitions:

Finite Population Correction Factor

A factor applied in sampling calculations to adjust for the size of the population when the sample size is a substantial fraction of the total population, to improve the estimation accuracy.

Margin of Error

An indicator of the confidence in the results of a survey or experiment, expressing the amount of potential error in the measurements.

Sample Size

The number of observations or data points collected in a study or experiment.

Finite Population Correction

An adjustment made to sampling formulas to account for the fact that the sample is drawn from a finite population, often resulting in smaller standard errors.