Question of Economics- Labor Productivity

capital, increase

Did increase in capital per labor hour increase the Labor productivity along the productivity
curve or did it shift the productivity curve upward??

KungFuPanda

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发表于 2013-3-31 12:57 | 只看该作者

I guess movement but I’m not sure.

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genuinecfa

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发表于 2013-3-31 12:57 | 只看该作者

Please give me the answer because in Schwser Test book after chapter questions they saying its movement along the productivity curve but CFA test book page 486 say its should
be shift upward in curve.
what is right?

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IAmNeil

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发表于 2013-3-31 12:57 | 只看该作者

Increase in Capital per Hour —- MOVEMENT
Increase in Technology —- SHIFT
What you’re reading in the text refers to a combination of increases in capital and technology.

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brazilatz

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发表于 2013-3-31 12:57 | 只看该作者

Can any one tell me theoretically this answer what jdane given please?
I mean why Increase in Capital per Hour —- MOVEMENT and
Increase in Technology —- SHIFT
Because from test book page 485 & 486 I thought Capital also cause shift in curve.
Some 1 please explain it logically and theoretically.

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kingstongal