When an economy experiences a one-time increase in productivity, there is an immediate increase in ________
A) the saving rate
B) the capital-labor ratio
C) the depreciation rate
D) consumption per worker
D
Economics
You might also like to view...
Social surplus is maximized in a(n) ________
A) perfectly competitive market B) monopolistically competitive market C) monopoly market D) oligopoly market
Economics
GDP can be measured by the
A) total value of all sales in the economy. B) total market value of final goods and services produced in the economy. C) total value of all intermediate goods produced in the economy. D) net national product plus investment.
Economics