Which of the following would increase labor productivity,ceteris paribus?
A)An increase in the number of participants in the labor force.
B)An increase in the quality of capital.
C)Crowding out.

Question

Quizplus · Accepted Answer

An increase in the quality of capital would increase labor productivity as workers would have access to more efficient tools and technology, allowing them to produce more with the same amount of effort or time. A and C are incorrect as they are not related to labor productivity.

Which of the Following Would Increase Labor Productivity,ceteris Paribus