Lec 24 Questions

Lec 24 Questions - A There is a positive relationship...

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Econ 101 Class 24 Questions 1. In accounting for growth in US output per capita… A. Growth in labor productivity is more important. ** B. Growth in the fraction of the population is more important. C. Neither labor productivity nor changes in the willingness to work are important. D. Growth in labor productivity and in the fraction of the population that works are equally important. 2. Which conclusion is supported by the education graph?
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Unformatted text preview: A. There is a positive relationship between education and output in the West but not in Asia. B. More education seems to detract from productivity by delaying the arrival of young persons to the job market. C. There is no relationship between education and output per capita. D. There is a positive relationship between education and output in the nations of the world. ** 3....
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