Which of the following is most likely to cause the productivity of labor to increase?
a. higher money wages
b. a higher rate of investment in human and nonhuman capital
c. more flexible working hours and improved retirement plans
d. an increase in the proportion of the workforce that belongs to a labor union
B
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Why does capital depreciate?
What will be an ideal response?
If by purchasing more apples and fewer oranges you increase your total utility, then apples must be cheaper than oranges
Indicate whether the statement is true or false
Adding members to a military alliance _____
a. will always strengthen the alliance b. will cause the alliance to dissolve c. might weaken the alliance d. will always weaken the alliance
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point A to Point B is
A. -2/3. B. -1.5. C. -3. D. -30.