If capital per worker rises,
A) labor productivity decreases.
B) no technological progress occurs.
C) firms respond by raising their prices.
D) labor productivity increases.
Correct Answer:
Verified
Q160: If real GDP is $11,750 billion and
Q161: If capital per hour of labor increases,
Q162: Labor productivity increases with
A) increases in depreciation.
B)
Q163: Saving and investment that increase a nationʹs
Q164: Technological change
A) lowers the real wage rate.
B)
Q166: Which of the following contributes to an
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,
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