In the United States, labor productivity is approximately
a. $73 per hour.
b. $94 per hour.
c. $102 per hour.
d. $110 per hour.
a
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Which of the following are mentioned as forces of the new growth theory that influence economic growth? I. Technology II. Research III. Innovations
A) I only B) I and II only C) I and III only D) II and III only E) I, II, and III
Funds must be deposited to a margin account by:
A. the exchange broker. B. the futures contract seller. C. the futures contract buyer. D. the futures contract buyer and seller.
Refer to the above diagram. If the production possibilities curve for an economy is at AB but the economy is operating at point 4, the reasons are most likely to be because of:
A. demand and efficiency factors. B. technological progress. C. supply and environmental factors. D. labor inputs and labor productivity.
A productivity improvement will cause
A) a rightward movement along the saving-per-worker curve and an increase in the capital—labor ratio. B) an upward shift in the saving-per-worker curve and an increase in the capital—labor ratio. C) a downward shift in the saving-per-worker curve and a decrease in the capital—labor ratio. D) a leftward movement along the saving-per-worker curve and a decrease in the capital—labor ratio.