Which of the following statements is (are) correct? According to United States data,
a. the rate of growth in output and labor productivity has slowed over the past two decades.
b. growth in the labor force has steadily increased since 1960.
c. the growth rates of capital has slowly increased since the 1960s.
d. the rate of growth in output and labor productivity was slower during the 1990s.
e. none of the above.
E
You might also like to view...
Which of the following observations concerning pollution rights is incorrect?
a. It would not allow firms to move into an area that is already as polluted as allowed by EPA standards. b. It allows the greatest value to be generated with a given amount of pollution c. The rights are private property and can be sold. d. Each polluter is motivated to discover and use the cheapest way to reduce pollution.
Which of the following does not cause competitive market failure?
A. Detrimental externalities B. Beneficial externalities C. Poorly defined property rights D. The cost disease
Which of the following is partially responsible for the male-female wage gap in the United States?
A. Women have, on average, less education than their male counterparts. B. Women have, on average, less work experience than their male counterparts. C. Women have been denied access to many occupations, leading to increased supply in a few occupations. D. All of these are correct.
A currency depreciation is inflationary and probably also expansionary.
Answer the following statement true (T) or false (F)