If the nation's capital stock increases so that workers become more productive, the
A) demand for labor will increase.
B) supply of labor will increase.
C) demand for labor will decrease.
D) supply of labor will decrease.
Correct Answer:
Verified
Q148: If real GDP is $13,000 billion and
Q149: If real GDP is $13,500 billion and
Q150: If both the supply of labor and
Q151: Dividing the value of real GDP by
Q152: An advance in technology that increases productivity
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)
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