Which of the following would not increase labor productivity, ceteris paribus?
A. An increase in the number of participants in the labor force.
B. Management training.
C. Human capital investment.
D. An increase in the quality of capital.
Answer: A
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Use the following data to answer the next question.OutputATC-AATC-BATC-C10$6$13$442059353046274054205073146010411701458801976902510510032167The letters A, B, and C designate three successively larger plant sizes. In the long run, the firm should use plant size "C" for the production of
A. all possible levels of output. B. 80 to 100 units of output. C. 10 to 30 units of output. D. 40 to 70 units of output.
Which of the following is likely to happen if the government lowers its expenditure?
A) Unemployment will increase. B) Consumption will increase. C) Price level will rise. D) Investment will increase.
Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna's total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs
When Anna has a staff of 6 workers, her average fixed cost equals A) $600. B) $2.50. C) $7.50. D) $10.00. E) $6.00.
An increase in wealth would cause the IS curve to
A) shift up and to the right. B) shift down and to the left. C) remain unchanged. D) shift up and to the right only if people face borrowing constraints.