Labor productivity rises during a recession as firms retain their more experienced workers.

Answer the following statement true (T) or false (F)


False

Economics

You might also like to view...

Assume there is no way to prevent someone from using an interstate highway, regardless of whether or not he or she helps pay for it. This characteristic is called

A. nonexcludability. B. nonrivalry. C. nontaxability. D. nondiscrimination.

Economics

New technology

A) definitely increases a firm's demand for labor. B) definitely decreases a firm's demand for labor. C) definitely does not change a firm's demand for labor. D) could increase or decrease a firm's demand for labor.

Economics

If the real marginal tax rate increases in the market clearing model then:

a. the supply of labor decreases. b. real output, Y, rises. c. the demand for capital increases. d. all of the above.

Economics

Stock market price quotations are an example of money serving as a(n)

A. unit of accounting. B. store of value. C. medium of exchange. D. economic value.

Economics