Which of the following lists gives factors that increase labor productivity?
A) saving and investment in physical capital, expansion of human capital, and discovery of new technologies
B) labor force increases and wage increases
C) saving and investment in physical capital, and wage increases
D) expansion of human capital, population growth, and discovery of new technologies
E) expansion of human capital, labor force increases, and discovery of new technologies
Correct Answer:
Verified
Q44: If real GDP increases by 6 percent
Q45: The classical growth theory asserts that
A)population growth
Q46: Q47: If an economy's growth rate of real Q48: The shape of the productivity curve reflects Q50: Last year, in a nation far to Q51: Human capital is acquired Q52: A key reason why some nations show Q53: Classical growth theory predicts that in the Q54: The law of diminishing marginal returns states
A)only through on-the-job training.
B)through
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