Labor productivity is defined as
A) total output attributable to labor.
B) total real GDP.
C) the growth rate of the labor force.
D) real GDP per hour of labor.
Correct Answer:
Verified
Q154: An advance in technology increases the productivity
Q155: An advance in technology that results in
Q156: When labor productivity increases, the demand for
Q157: If real GDP is $11,750 billion and
Q158: An increase in labor productivity relates to
A)
Q160: An increase in labor productivity _ the
Q161: Technological change
A) lowers the real wage rate.
B)
Q162: An increase in labor productivity shifts the
Q163: A decrease in population shifts the
A) labor
Q164: All of the following contribute to labor
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