Labor productivity rises
A) in the absence of technological progress.
B) if firms invest in hiring more workers rather than buying more capital.
C) if the amount of capital per worker increases.
D) if the amount of capital per worker decreases.
Correct Answer:
Verified
Q167: All of the following contribute to labor
Q168: Factors that influence labor productivity include _.
A)
Q169: A higher savings rate that leads to
Q170: Labor productivity, real GDP per labor hour,
Q171: Which of the following is NOT an
Q173: An increase in labor productivity
A) labor demand
Q174: A decrease in population shifts the
A) labor
Q175: Which of the following directly creates growth
Q176: An increase in saving that leads to
Q177: The demand for labor curve
A) is upward
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