The increase in real GDP per hour of labor that results from an increase in capital per

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The increase in real GDP per hour of labor that results from an increase in capital per hour of labor ________

A. Is constant and independent of the quantity of capital

B. Is larger at a small quantity of capital than at a large quantity of capital

C. Is smaller at a small quantity of capital than at a large quantity of capital

D. Decreases as technology advances

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Related Book For  book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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