Labor productivity, real GDP per labor hour, increases if
A) saving and investment cause an increase in the quantity of capital per worker.
B) there is an increase in the accumulation of human capital.
C) new technologies are continuously discovered.
D) All of the above answers are correct.
D
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The study of factors that contribute to the economic development of a country is
A) development economics. B) the theory of technological advancements. C) population growth economics. D) the new technology theory.
Dividends are the interest rates paid on stocks
Indicate whether the statement is true or false
Everything else held constant, an increase in the currency ratio will mean ________ in the M2 money multiplier and ________ in the M2 money supply
A) an increase; an increase B) an increase; a decrease C) a decrease; an increase D) a decrease; a decrease
States in the U.S. may mandate minimum wages above the federal level
a. True b. False Indicate whether the statement is true or false