The per-worker production function shows the relationship between ________ per hour worked and ________ per hour worked, holding ________ constant

A) capital; labor; real GDP B) capital; real GDP; technology
C) labor; capital; real GDP D) labor; real GDP; technology

B

Economics

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An expectation that encourages people to behave in a certain way

a. free enterprise b. traditional economy c. incentive d. safety net e. socialism

Economics

In the curve, a decline in the tax rate from c to b would:



A.  increase tax revenue.
B.  decrease tax revenue.
C.  leave tax revenue about the same as before.
D.  shift the curve to the left.

Economics