Figure 25-1.On the horizontal axis,K/L represents capital (K)per worker (L).On the vertical axis,Y/L represents output (Y)per worker (L).
-Refer to Figure 25-1.Choose a point anywhere on the curve and call it point A.If the economy is at point A in 2011,then it will definitely remain at point A in 2012 if,between 2011 and 2012,
A)the quantity of physical capital remains constant;the number of workers doubles;and human capital,natural resources,and technology all double as well.
B)the quantity of physical capital doubles;human capital,natural resources,and technology all double as well;and the number of workers remains constant.
C)the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology all double as well.
D)the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology remain constant.

Question

Figure 25-1.On the horizontal axis,K/L represents capital (K)per worker (L).On the vertical axis,Y/L represents output (Y)per worker (L). 
-Refer to Figure 25-1.Choose a point anywhere on the curve and call it point A.If the economy is at point A in 2011,then it will definitely remain at point A in 2012 if,between 2011 and 2012,
A)the quantity of physical capital remains constant;the number of workers doubles;and human capital,natural resources,and technology all double as well. 
B)the quantity of physical capital doubles;human capital,natural resources,and technology all double as well;and the number of workers remains constant. 
C)the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology all double as well. 
D)the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology remain constant.

Quizplus · Accepted Answer

The Answer of Figure 25-1.On the horizontal axis,K/L represents capital (K)per worker (L).On the vertical axis,Y/L represents output (Y)per worker (L). 
-Refer to Figure 25-1.Choose a point anywhere on the curve and call it point A.If the economy is at point A in 2011,then it will definitely remain at point A in 2012 if,between 2011 and 2012,
A)the quantity of physical capital remains constant;the number of workers doubles;and human capital,natural resources,and technology all double as well. 
B)the quantity of physical capital doubles;human capital,natural resources,and technology all double as well;and the number of workers remains constant. 
C)the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology all double as well. 
D)the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology remain constant.