Labor growth depends mainly on and labor productivity growth depends on _ _.
A) population growth; increases in real GDP
B) growth in real GDP per person; technological advances
C) population growth; technological advances
D) growth in real GDP per person; growth rate of capital
Correct Answer:
Verified
Q150: If real GDP is $13,500 billion and
Q151: An increase in productivity relates to
A) producing
Q152: If real GDP is $13,000 billion and
Q153: Dividing the value of real GDP by
Q154: Labor productivity .
A) is labor per unit
Q156: Labor productivity is
A) the average amount of
Q157: If the nation's capital stock increases so
Q158: Labor productivity is defined as
A) zero percent
Q159: Which of the following statements is correct?
A)
Q160: Labor productivity is measured by
A) capital per
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