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Use the following to answer questions 31-32: Figure 1 Productivity GDP per' worker Physical capital per worker 31. (Figure 1: Productivity) An increase in physical

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Use the following to answer questions 31-32: Figure 1 Productivity GDP per' worker Physical capital per worker 31. (Figure 1: Productivity) An increase in physical capital per worker with everything else remaining unchanged is shown on the diagram as: (a) a movement from B to C. (b) a movement from A to C. (c) a movement from A to B. (d) a movement from B to A 32. (Figure 1: Productivity) An improvement in technology with everything else remaining unchanged is shown on the diagram as: (a) a moment B to A (b) a movement A to B. (c) a movement from B to C. (d) a movement from A to C. 33. Parker's disposable income increases by $1,000, and she spends $600 of it. Parker's: (a) MP8 is 0.4 and she saves $400. (b) MPC is 0.4 and she saves $400. (c) MP8 is 0.4 and she saves $600. (d) MPC is 0.6 and she consumes $400. 34. Suppose the marginal propensity to consume changes from 0.75 to 0.9. How will this affect the consumption function? (a) The slope will get steeper. (b) Autonomous consumption will increase. (c) The function will shift upward. (d) The slope will get steeper and autonomous consumption will increase. 35. If entrepreneurs in Optics valley, endorse raising the quote of foreign employee visas for foreign nationals who complete degrees in China US in science, math, and engineering. We learned in lecture that this would do the following to the ratio of skilled to unskilled wages and employment. (a) Raise the relative wage ration and leave relative employment unchanged (b) Raise the relative wage ratio and reduce relative skilled to unskilled employment (c) Reduce the relative wage ratio and raise relative skilled to unskilled employment (d) Reduce the relative wage ratio and leave relative employment unchanged

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