Suppose Labor and Capital Are Gross Substitutes

question 17

Multiple Choice

Suppose labor and capital are gross substitutes.If the capital stock increases,what happens to the marginal product of labor curve and the equilibrium level of employment?

• A) The marginal product of labor will shift to the right,and employment will increase.
• B) The marginal product of labor will shift to the right,and employment will decrease.
• C) The marginal product of labor will shift to the left,and employment will increase.
• D) The marginal product of labor will shift to the left,and employment will decrease.
• E) The marginal product of labor will shift to the right,and employment will remain the same.

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Definitions:

Spatial Memory

The ability to remember the positions of objects, directions, and the physical layout of spaces and environments.

Visual Recognition

The cognitive process of identifying and categorizing objects, faces, or other visual stimuli in the environment.

Object Position Tasks

Object Position Tasks are cognitive tests measuring the ability to remember the location of objects, typically used in research to assess memory and spatial awareness.

Brain Plasticity

The ability of the brain to modify its connections or re-wire itself, allowing for adjustments in response to learning, experience, or injury.