Joey's lawncutting service recently traded in its push mowers for gasoline-powered mowers. Joey still requires one worker per lawnmower; however, more grass is now cut in the same amount of time as before. This is an example of
A) labor-saving technical change.
B) non-neutral technical change.
C) neutral technical change.
D) organizational change.
C
Economics
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The growth rate of which of the following is not a component of the growth accounting equation?
A) the capital stock B) labor C) depreciation D) available technology
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The distribution of income among African-American families is more even than it is for the population as a whole
a. True b. False
Economics