For a given level of technology, we should expect an increase in productivity within a nation when there is an increase in each of the following except ?

Related Mcqs:

Which of the following statements is true ?

A. Countries all have the same growth rate and level of output because any country can obtain the same factors of production B. Countries have great variance in both the level and growth rate of GDP/person thus poor countries can become relatively rich over time C. Countries may have different level of GDP/person but they … Which of the following statements is true ?Read More...

If a production function exhibits constant returns to scale ?

A. doubling all of the inputs more than doubles output due to the catch-up effect B. doubling all of the inputs has absolutely no impact on output because output is constant C. doubling all of the inputs less than doubles output due to diminishing returns D. doubling all of the input’s doubles output...

Which of the following statements regarding the impact of population growth on productivity is true ?

A. There is no evidence, yet that rapid population growth stretches natural resources to the point that it limits growth in productivity B. All of these answers C. Rapid population growth may dilute the capital stock lowering productivity D. Rapid population growth may promote technological progress increasing productivity....

Our standards of living is most closely related to ?

A. how hard we work: B. our supply of capital because everything of value is produced by machinery C. our productivity because our income is equal to what we produce D. our supply of natural resources because they limit production...

Which of the following government policies is least likely to increase likely to increase growth in Africa ?

A. increase expenditure on public education B. eliminate civil war C. All of these answers would increase growth D. increase restrictions on the importing of American tractors and electronics...