Technological change will
A) shift the per-worker production function down.
B) move the economy to a point beneath the per-worker production function.
C) shift the per-worker production function up.
D) move the economy along a given per-worker production function.
C
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The figure above shows the market for annual influenza immunizations the United States. Area A + Area B is the
A) deadweight loss when there is not the illustrated subsidy. B) loss in efficiency from the illustrated subsidy. C) gain in efficiency from the illustrated subsidy. D) remaining deadweight loss when there is the illustrated subsidy. E) equilibrium with the illustrated subsidy.
From 1990-2014, productivity growth in the United States was ________ the growth rates of other high-income countries
A) greater than B) equal to C) greater than for the first 15 years, then less than D) less than