One of the factors contributing to the fact that labor productivity is higher in the U.S. than in the People's Republic of China is:
A) China's larger stock of capital.
B) the higher capital/labor ratio in China.
C) the higher capital/labor ratio in the U.S.
D) China's smaller stock of fossil fuels.
E) the fact that much labor in the U.S. is in management.
Correct Answer:
Verified
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