logo
menu
Sign up
  1. Topics
  2. Business
  3. Macroeconomics Study Set 48
  4. Quiz 9: Long-Run Economic Growth

The Aggregate Production Function Does Not Depend On

Question 85
Multiple Choice

The aggregate production function does NOT depend on: A) the quantity of physical capital per worker. B) human capital per worker. C) the state of technology. D) the amount of natural resources.

Related questions
Q 86
Diminishing returns to physical capital implies that, when the human capital per worker and the state of technology remain fixed, each successive increase in physical capital leads to _____ productivity. A) a smaller increase in B) a larger increase in C) a decrease in D) negative
Q 87
During the latter half of the twentieth century, the Soviet Union made more physical capital available to its workers, but this increase resulted in successively smaller increases in productivity. This example illustrates: A) diminishing returns to human capital. B) a decline in technology. C) a declining standard of living. D) diminishing returns to physical capital.
Q 88
Investment in human capital causes _____________the aggregate production function. A) a downward shift of B) a leftward movement along C) an upward shift of D) a rightward movement along
logo
QuizPlus
  • About
  • How it work
  • Pricing
Links
  • Privacy Policy
  • Terms And Conditions
  • Refund Policy
Contact Us
  • info@quizplus.com
© 2020 QuizPlus. All Right Reserved