If the Slope of the Per-Worker Production Function Is 1/4

question 111

Multiple Choice

If the slope of the per-worker production function is 1/4 in a given range,how will a $10,000 increase in capital per hour worked affect real GDP per hour worked in the same given range?

• A)Real GDP per hour worked will increase by $2,500.
• B)Real GDP per hour worked will increase by $40,000.
• C)Real GDP per hour worked will increase by $10,000.
• D)Real GDP per hour worked will decrease by $40.000.

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Definitions:

Incongruous Behaviors

Actions or responses by an individual that do not match the expected norms or values of a group or situation.

Group Status Structures

The hierarchical organization of members within a group based on various factors such as power, prestige, and roles.

Equality

The state of being equal, especially in status, rights, and opportunities.

Inequality

A situation where resources, opportunities, and rights are distributed unevenly among members of a society.