The most common measure of productivity is output per
A. Labor-hour.
B. Capita.
C. Human capital.
D. GDP.
Answer: A
You might also like to view...
Other things equal:
A. Workers with higher levels of human capital will tend to migrate to countries providing greater wage opportunities B. Workers with lower levels of human capital will tend to migrate to countries providing greater wage opportunities C. Smaller wage differences between countries will tend to increase the flow of immigration between countries D. Workers with higher levels of human capital will migrate to higher-wage countries regardless of the distance between countries
What is a primary determinant of the asset demand for money?
I. the interest rate II. the opportunity cost of holding money III. the supply of money A) I only B) III only C) both I and II D) both II and III
Which of the following purported externalities in fact does not distort the allocation of resources? I. An individual's unwillingness to cut his or her own lawn in an otherwise immaculately kept neighborhood. II. Smoke produced by a new firm in an area which raises the costs of other firms. III. A new firm's bidding up skilled wages in an area, thereby raising costs of other firms. IV. An
individual's unwillingness to obtain job training, thereby lowering the total GNP. Possible choices: a. I, III, and IV. b. III and IV. c. III only. d. IV only.
A software firm moves its headquarters from California to Ireland. The CFO of the software firm is given the opportunity to move to Ireland. He turns down this opportunity because he does not want to move out of the country. While he is searching for a new job within the United States he would be classified as
A. structurally unemployed. B. cyclically unemployed. C. frictionally unemployed. D. not in the labor force because he turned down the opportunity to relocate.