A) an increase in capital of 10% B) an increase in population C) an increase in technology D) both capital and labor increase by 10% E) capital and technology both increase by 10% 8. Assume that the production function for an economy is represented by the following: Y = NA. C) technological progress depends on human capital D) capital per worker already is less than the golden-rule level E) the saving is used for education rather than physical capital 7. Which of the following will cause an increase in output per effective worker? A) an increase in capital of 10% B) an increase in population C) an increase in technology D) both capital and labor increase by 10% E) capital and technology both increase by 10% 8. Assume that the production function for an economy is represented by the following: Y = NA.
24/7 Homework Help
Essaynice Will Help You Write Your Essays and Term Papers
From initial topic to finished paper
Answered » You can buy a ready-made answer or pick a professional tutor to order an original one.
Assignment help 3505
HOME TO CERTIFIED WRITERS

Why Place An Order With Us?
- Certified Editors
- 24/7 Customer Support
- Profesional Research
- Easy to Use System Interface
- Student Friendly Pricing