Question

Real GDP per hour worked is determined by A. human​ capital, physical​ capital, and technology. B. ​demand, government​ spending, and technology. C. ​consumption, human​ capital, and government spending. D. physical and human capital.

Answer 1

Answer:

A) human​ capital, physical​ capital, and technology.

Explanation:

the effect that an increase or decrease in capital per hour worked will cause to the GDP per hour worked depends on the level of technology applied on the production process. New technologies that significantly increase productivity are capital intensive, e.g. automation, artificial intelligence, computers, etc.