MCQ

10 years ago, a growing economy experienced an increase in GDP of $1000 per worker per year when net investment increased the capital available to each worker by $5000. The same level of net investment last year was followed by increasing GDP of $800. Which describes this

A) The marginal product of capital is rising

B) GDP is falling

C) The marginal product of capital is falling

D) investment is falling

2)Distinguishing feature of long run Labour market Equilibrium.

A) Real wages of constant

B) The supply of labour is equal to the demand for labour

C) Number of firms is constant

D) Level of employment is constant