The widespread adoption of computers in the workplace has likely lead to
A) an increase in labor productivity because computers are a capital good.
B) a decrease in human capital because computers are physical capital.
C) an increase in the supply of labor because people are needed to operate the computers.
D) no change in the quantity of labor hours.
E) a decrease in labor productivity because computers are a capital good.
Correct Answer:
Verified
Q142: Labor productivity equals
A)real GDP divided by the
Q143: If aggregate hours are 100 billion hours
Q144: Expansion of a nation's human capital can
Q145: Activities that encourage faster growth are
A)imposing trade
Q146: If Country A's real GDP is growing
Q147: Classical growth theory predicts
A)real GDP per person
Q148: In 2009, U.S. real GDP decreased by
Q150: According to the law of diminishing returns,
Q151: Countries that enjoy economic growth
A)have property rights
Q152: The economic growth rate is expressed as
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