5304 PM Wed NOV 15 I I n 1.? 50%: I . AA 6 elearn.tnstate.edu E}3 0 ~ - Systems Ace... a Quizzes - Eco... Login & Pass... 6 To harness E... E Member ship... m Homework H... Exam 3-Make-Up J 1:55:51 remaining X When a country experiences long-run economic growth the average productivity that is output per worker also increases Question 7 (2 points) Saved If a country is maintaining a BALANCED BUDGET it would mean that @ c. Government spends as much as it brings in as Tax revenues and other incomes O a. Government is not saving anything 0 b. All the savings in the economy come from the private sector Q d. None of the above Question 8 (2 points) Saved The shape of the per-worker production function is primarily due to a phenomenon called O b. Law of Increasing Returns and increasing marginal productivity @ a. Law of Diminishing Returns; or law of diminishing marginal productivity 0 c. Law of Gravity Q d. None of the above Question 9 (2 points) Saved A business cycle typically does not capture Longrun Economic Growth