Which of the following directly creates growth in labor productivity?
I. Growth in capital per hour of labor.
II. Technological change.
III. Population growth.
A) I and III
B) II only
C) I only
D) I and II
Correct Answer:
Verified
Q185: Which of the following is NOT an
Q186: An increase in saving that leads to
Q187: Labor productivity increases with
A) increases in capital.
B)
Q188: If capital per hour of labor increases,
Q189: Which of the following does NOT increase
Q191: If capital per worker rises,
A) firms respond
Q192: A decrease in population shifts the
A) labor
Q193: A higher savings rate that leads to
Q194: Saving and investment that increase a nation's
Q195: Which of the following contributes to an
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