标题: Question of Economics- Labor Productivity [打印本页] 作者: kd26gioi 时间: 2013-3-31 12:57 标题: Question of Economics- Labor Productivity
Did increase in capital per labor hour increase the Labor productivity along the productivity
curve or did it shift the productivity curve upward??作者: KungFuPanda 时间: 2013-3-31 12:57
I guess movement but I’m not sure.作者: genuinecfa 时间: 2013-3-31 12:57
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?作者: IAmNeil 时间: 2013-3-31 12:57
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.作者: brazilatz 时间: 2013-3-31 12:57
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.作者: kingstongal 时间: 2013-3-31 12:57
Capital is only movement. Technology causes a shift. I remember this one.作者: strikethree 时间: 2013-3-31 12:57
along the curve
only tech change would cause a shift
