Answer
The correct answer is option "A."
A. increases in labor productivity
Factors that lead to sustained long-run growth include
technological change, an increase in labor productivity, law
increases in capital or human stock, etc. An increase in labor
productivity
the long-run growth depends on the technology, new natural resource
stock, and an increase in labor productivity as the long-run growth
is an increase in the full employment production level.
Which of the following is most likely to lead to sustained long-run growth? O A. increases...
Which of the following is most likely to lead to sustained long-run growth? O A. exploitation of natural resources OB. technological change O c. transfer of workers from agricultural to industrial sectors OD. increases in the labor participation rate
Which of the following is most likely to lead to sustained long-run growth? O A. transfer of workers from agricultural to industrial sectors OB. increases in the labor participation rate O C. technological change OD. exploitation of natural resources
Sustained growth is best achieved through which of the following? O Technological progress OB Increases in the quality and amount of education OC. Population increases OD. Physical capital accumulation An aggregate production function shows OA the relationship between a country's output and its price level OB various combinations of labor and capital that can be used to produce a particular good OC. the relationship between a country's GOP and its factors of production OD various quantities of two goods that...
Which is more likely to lead to increases in real GDP per capita over centuries? o the fraction of the population working labor productivity
35. Which of the following will most likely cause a decrease in short-run aggregate supply (leftward shift) in the goods and services market? a. An increase in the productivity of labor b. A reduction in the price of crude oil, a major imported commodity c. An increase in resource prices d. Favorable weather conditions in agricultural areas. 36. The vertical long-run aggregate supply curve reflects the fact that in the long run, an increase in the price level. a. Will not alter the economy's maximum...
10. Which of the following would by itself. reveal the most about a. Its level of capital. b. The number of hours worked. c. Its availability of natural resources. d. Its productivity. the most about a country's standard of living? 11. Which of the following is correct? Although levels of real GDP per person vary substantially from country to country the growth rate of real GDP per person is similar across countries. b. Productivity is not closely linked to government...
Regarding the Solow Growth Model, which of the following plays the largest role in creating sustained high growth rates? An increase in the savings rate an increase in the capital-labor ratio an increase in investment improvements in total factor productivity
Which of the following will most likely result from unfavorable weather conditions in agricultural areas in the short-run? Group of answer choices A. a decrease in unemployment B. a decrease in inflation C. an increase in the natural rate of unemployment D. an increase in the GDP Deflator
7. The gross domestic product (GDP) in a Fultonland in 2012 is S8 billion. The income received in 2012 by Fultonland residents from investment in Kingsland is S1 billion. The income received in 2012 by Kingsland residents from investments in Fultonland is S500 million. Using these abovementioned figures, the gross national income (GNI) for Fultonland in 2012 is: a S8.5 billion b. $8.6 billion c. $8.41 billion d. cannot be determined from the information given. 8. According to the Lewis...
5. The slope and position of the long-run aggregate supply curve Which of the following factors will influence the position of the long-run aggregate supply curve? Check all that apply The price level The quantity of physical capital The amount of available natural resources The size of the labor force Suppose the economy produces real GDP of $30 bwwion when unemployment is at its natural rate. On the following graph, use the purple line (diamond symbol) to plot the economy's long-run aggregate supply (LRAS) curve. Suppose the...