Holding other things constant, an increase in the use of capital in production would

A) increase the marginal productivity of labor.
B) decrease, but not proportionately, the marginal productivity of labor.
C) not change the marginal productivity of labor.
D) decrease proportionately the marginal productivity of labor.

Answer: A

Economics

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Empirically output growth 1% above normal for one year leads to a ________ in the employment rate

A) 0.6% B) 0.7% C) 0.8% D) 0.5%

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