Which of the following will cause a reduction in output per worker in the long run run?
A)capital accumulation or technological progress
B)capital accumulation
C)an increase in the number of workers
D)expansionary monetary policy
E) none of the above

Question

Quizplus · Accepted Answer

An increase in the number of workers without a corresponding increase in capital or technological progress will lead to a reduction in output per worker in the long run due to diminishing returns to labor.

Which of the Following Will Cause a Reduction in Output