How much the economy can produce at its natural rate of output depends on a. technology b. the quantity of available natural resources c. the productivity of labor d. the stock of available capital e. all the above

How much the economy can produce at its natural rate of output depends on a. technology b. the quantity of available natural resources c. the productivity of labor d. the stock of available capital e. all the above

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section1.1: The Basic Problem In Economics

Problem 1R

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How much the economy can produce at its natural rate of output depends on

a. technology

b. the quantity of available natural resources

c. the productivity of labor

d. the stock of available capital

e. all the above

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