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Question
Increases in capital per worker ________ because ________.A) increase real GDP; they shift the productivity curve downward
B) increase real GDP; they shift the productivity curve upward
C) increase real GDP; they create a movement downward along the productivity curve
D) increase real GDP; they create a movement upward along the productivity curve
E) may increase or decrease real GDP; the result is a movement along the productivity curve but the direction depends on other factors not given
Answer
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Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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B) the social interest.
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D) incentives.
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B) How will health care be produced?
C) For whom will health care be produced?
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When unskilled teens earn less than college graduates, society answers the ________ question.
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When the federal government decides to pay senators more than it pays soldiers, it answers the ________ question.
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B) why
C) for whom
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Q:
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Q:
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Q:
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Q:
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C) x-axis minus the change in the variable measured along the y-axis.
D) x-axis multiplied by the change in the variable measured along the y-axis.
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Q:
An independent relationship between two variables is shown in a graph by
A) an upward-sloping line.
B) a horizontal or a vertical line.
C) a downward-sloping line.
D) a steeply sloped line.
E) any straight line curve.