Labor productivity will increase if the ________ increases and ________
A) quantity of labor per unit of capital; immigration increases while capital is fixed
B) quantity of capital per hour worked; immigration increases while capital is fixed
C) quantity of capital per hour worked; technology improves
D) quantity of labor per unit of capital; technology improves
C
You might also like to view...
A change in monetary policy affects
A) consumption expenditure, government expenditures on goods and services, and net exports. B) consumption expenditure, productivity, and net exports. C) government expenditures on goods and services because it affects the government's budget balance. D) consumption expenditure, investment, and net exports. E) investment, government expenditures on goods and services, and net exports.
Refer to Table 29-1. Use the information in the table to prepare a balance of payments account and find the value of the statistical discrepancy. Assume that the balance on the capital account is zero
What will be an ideal response?
Everything else held constant, when a country's currency depreciates, its goods abroad become ________ expensive while foreign goods in that country become ________ expensive
A) more; less B) more; more C) less; less D) less; more
If you can figure out what people's__________ are, there is a good chance you can predict their behavior
a. birthdays b. incentives c. total costs d. marginal costs