increase the growth rate of output per worker both in the short run and in the l

Question

increase the growth rate of output per worker both in the short run and in the long run

decrease the growth rate of output per worker in the short run butnot in the long run

decrease the growth rate of output per worker both in the short run and in the long run

increase the growth rate of output per worker in the short run but not in the long run

increase the growth rate of output per worker both in the short run and in the long run

decrease the growth rate of output per worker in the short run butnot in the long run

decrease the growth rate of output per worker both in the short run and in the long run

increase the growth rate of output per worker in the short run but not in the long run

Explanation / Answer

Option 4. increase the growth rate of output per worker in the short run but not in the long run

Explanation: Technological growth is essential for an increase in the output per worker in the long-term. A lower depreciation rate can increase output per worker in the short-term but not in the long-term.

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