The per worker production function shows the relationship between
A) the labor force and the capital stock.
B) the supply of labor and the population.
C) the hours worked and the number of workers.
D) real GDP per worker and capital per worker.
D
Economics
You might also like to view...
When a Pigouvian tax is imposed, ________
A) the marginal private cost curve shifts upward B) the demand curve shifts rightward C) the marginal social cost curve shifts downward D) the marginal social benefit curve shifts downward
Economics
Which of the following statements about a monopoly is FALSE?
A) Monopolies have no barriers to entry or exit. B) The good produced by a monopoly has no close substitutes. C) A monopoly is the only producer of the good. D) None of the above; that is, all of the above answers are true statements about a monopoly.
Economics