7 which of the following statements is true a natural

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____7.Which of the following statements is true?a.Natural resources per worker influence productivity only when those natural resources arerenewable.b.The prices of most natural resources are stable or falling relative to other prices.c.Technology requires greater use of natural resources.d.The terms human capital and technological knowledge are used interchangeably.
____8.In a particular production process, if the quantities of all inputs used double, then the quantity of outputdoubles as well.This means that
____9.If there are constant returns to scale, the production function can be written as).).).
____10.Other things the same, a country that increases its saving rate increases
____11.In recent decades Americans have increased their purchase of stocks of foreign-based companies.TheAmericans who have bought these stocks were engaged ina.foreign portfolio investment.b.indirect domestic investment.c.foreign direct investment.d.foreign indirect investment.
____12.Suppose that an American opens and operates a recording studio in Poland.This is an example of
____13.The opening of a new American-owned factory in Algeria would tend to increase Algeria's GDP more than itincreases Algeria's GNP because

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Macroeconomics: A Contemporary Introduction
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Chapter 16 / Exercise 5
Macroeconomics: A Contemporary Introduction
McEachern
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