The per-worker production function shows the relationship between ________ per hour worked and ________ per hour worked, holding ________ constant.
A)labour; real GDP; technology
B)capital; real GDP; technology
C)labour; capital; real GDP
D)capital; labour; real GDP
E)human capital; nominal GDP; population

Question

Quizplus · Accepted Answer

The per-worker production function shows the relationship between capital per hour worked and real GDP per hour worked, holding technology constant. This reflects how changes in the amount of capital available to each worker (like machinery or equipment) can affect the productivity or output (measured in real GDP) of that worker, assuming that technological advancements remain unchanged.

The Per-Worker Production Function Shows the Relationship Between ________ Per