The application of new technologies to the production process will increase:
A. the quantity of human capital.
B. the unemployment rate.
C. average labor productivity.
D. the share of the population employed.
Answer: C
You might also like to view...
The most accurate quantitative time measure is:
a. Self-report or diary method b. Recall method c. Observation method d. A combination of all of the above methods to allow for cross checks.
Most Americans
a. have accurate perceptions of the level of corporate profits. b. underestimate corporate profits. c. overestimate corporate profits. d. believe that corporations earn zero profit.
In the United States, the money for loans to businesses comes mainly from
A. corporate profits. B. the federal government. C. savings held in lending institutions. D. state and local governments.
The balance of payments constraint refers to the limits on:
A. exchange rate policy imposed by flexible exchange rates. B. currency convertibility observed in most developing countries. C. domestic macroeconomic policy, arising from a shortage of international reserves. D. macroeconomic policy resulting from IMF conditionality.