Multiple Choice
Figure 25-1.On the horizontal axis,K/L represents capital (K) per worker (L) .On the
vertical axis,Y/L represents output (Y) per worker (L) . 
-Refer to Figure 25-1.Choose a point anywhere on the curve and call it point A.If the economy is at point A in 2007,then it will definitely remain at point A in 2008 if,between 2007 and 2008,
A) the quantity of physical capital remains constant;the number of workers doubles;and human capital,natural resources,and technology all double as well.
B) the quantity of physical capital doubles;human capital,natural resources,and technology all double as well;and the number of workers remains constant.
C) the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology all double as well.
D) the quantity of physical capital doubles;the number of workers doubles;and human capital,natural resources,and technology remain constant.
Correct Answer:
Verified
Correct Answer:
Verified
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