Which of the following is most likely to cause the productivity of labor to increase?
A) Higher money wages.
B) A higher rate of investment in human and nonhuman capital.
C) More flexible working hours and improved retirement plans.
D) An increase in the proportion of the workforce that belongs to a labor union.
Correct Answer:
Verified
Q20: If all persons had identical preferences and
Q21: Which of the following is the primary
Q22: Automated production methods are only attractive when
Q23: New technological advancements, such as robots are
A)
Q24: Firms will only adopt more automated methods
Q26: Economic theory suggests that the standard of
Q27: Suppose that an employer hires workers with
Q28: Which of the following is true about
Q29: Technological progress generally has the effect of
A)
Q30: Suppose technological improvements reduced the cost of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents