Q1. Which of the following is most accurate regarding labor productivity curves? Growth in capital per labor hour causes: A) movements along a productivity curve; technological growth causes productivity curves to shift. B) productivity curves to shift; technological growth causes movement along productivity curves. C) and technological growth cause productivity curves to shift.
Q2. Labor productivity may be decomposed into which of the following two factors? A) Growth in both physical capital and human capital per labor hour. B) Growth in physical capital per labor hour and technological change. C) Growth in physical capital per labor hour and growth in real interest rates.
Q3. Which of the following is least likely to be observed when examining a labor productivity curve? A) The change in real GDP per labor hour as capital per hour changes, holding technology constant. B) The change in real GDP per labor hour as technology changes, holding capital per labor hour constant. C) The rate of change in technology as labor increases.
Q4. Which of the following is least likely to be considered necessary to sustain long-term economic growth? A) Positive population growth. B) Investment in human capital. C) Discovery of new technologies.
Q5. Technological progress is most extensively applied to which of the following? A) The developments in human capital. B) Improvements in the productivity of physical capital. C) The creation of investment opportunities and savings incentives.
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发表于 2009-1-5 11:25
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