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Munze Munze
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7 years ago
Suppose the stock of capital increases by 2% and employment increases by 2%. Given this information, we know that
A) output per capita will increase by 6%.
B) output will increase by 4%.
C) output per capita will increase by less than 4% and more than 2%.
D) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 61 times
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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7 years ago
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