Labor productivity rises when
A) average worker output rises. B) nominal wages fall.
C) average worker output falls. D) business investment falls.
A
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What is the difference between positive and normative analysis?
What will be an ideal response?
If price of product A increases by 10%, and the quantity demanded for product B drops by 50%, then the cross price elasticity of the quantity of product A with respect to price of product B is
A) 5. B) -5. C) 0.2. D) -0.2.
Games:
A. only have one possible stable outcome. B. may have noncooperative equilibriums that are positive-positive outcomes. C. must have a dominant strategy present in order to reach an equilibrium. D. None of these statements is true.
Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary baseto rise. b. M2 money supply to rise. c. M2 money supply to fall. d. Monetary base to remain the same.