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Question 37 2 pts The flattening out of the production function is likely to occur O only in a model without capital or technology. in
Question 37 2 pts The flattening out of the production function is likely to occur O only in a model without capital or technology. in any model where there are fixed factors. O only in a model without labor. O only in a model without technology. O only in a model with labor, capital, and technology.2 pts Question 35 Which of the following statements is false? O Unemployment rates vary across groups of individuals of different gender, age, race, and education. O Unemployment rates vary across countries. The United States in a recession may have a lower unemployment rate than other economies that are booming. O At any given month the unemployment rate is the same in every country. O The United States in a recession may have a higher unemployment rate than other economies that are booming.Question 34 2 pts Which of the following would lower the amount of investment crowded out by an increase in government purchases? A less interest-rate-sensitive exchange rate O Imports becoming less exchange-rate sensitive A more interest-rate-sensitive exchange rate Government purchases becoming less interest-rate sensitive Exports becoming less exchange-rate sensitiveQuestion 33 2 pts Prior to 1800, productivity growth averaged O 1 percent per year. 0 percent per year. O .5 percent per year. O 3 percent per year. O 2 percent per year
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