Which of the following factors affects the marginal productivity of a worker?
a. human capital
b. the worker's disposable income
c. compensating wage differentials
d. discrimination based on age, race, or gender
a
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The term ________ refers to how the burden of the tax is distributed across various agents in the economy
A) tax funding B) tax incidence C) tax haven D) tax discrimination
Borrowing from abroad represents:
A) a capital outflow. B) a capital inflow. C) positive net savings. D) none of the above.
Capital saving nonneutral technical progress allows a firm to
A) produce more output with the same inputs. B) use less capital and the same amount of other inputs to produce the same level of output. C) use more capital to produce the same level of output. D) use less capital and more of other inputs to produce the same level of output.
What is mostly likely to happen if decreased government borrowing drives down real interest rates in the United States?
What will be an ideal response?