Labor productivity can be increased with
A) education and training of the workforce.
B) an increase in capital goods used.
C) improvements in management.
D) all of the above
D
You might also like to view...
Which of the following will increase interest rates in the short run?
a. an decrease in reserve requirements b. open market sales by the Fed c. a decrease in real GDP d. an decrease in the price level
The theory of oligopoly provides a reason why
a. perfect competition is not a useful object of study. b. price is less than marginal cost for many firms. c. all countries can benefit from free trade among nations. d. firms do not want to capture larger shares of their markets.
Which of the following events is least likely to take place under a fixed exchange rate system?
A) an increased volume of trade because of a decline in exchange rate volatility B) increased cross-border capital flows C) increase in cost of trade because of higher transaction costs D) increased cross-border labor flows in integrated economies
If a worker becomes unemployed because of an increase in the minimum wage, that worker is:
What will be an ideal response?