Capital and Labor Are Distinct from Productivity in That ________

question 19

Multiple Choice

Capital and labor are distinct from productivity in that ________.

• A)productivity is independent of technology changes
• B)productivity can only increase over time
• C)productivity is subject to diminishing returns
• D)capital and labor are subject to diminishing marginal returns

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Definitions:

State Constitutions

State constitutions are the supreme law within a U.S. state's territory, outlining the structure, functions, and powers of government institutions and the rights of citizens.

Social Control

The mechanisms, strategies, and institutions society uses to enforce norms and regulate behavior.

Civil Conduct

Behavior that is acceptable and appropriate in civil society and legal contexts, often pertaining to respect for laws and interpersonal etiquette.

Supreme Power

The highest authority or power in a given context, often referring to sovereign governments or entities.