Labor productivity rises
A) if the amount of capital per worker increases.
B) in the absence of technological progress.
C) if firms invest in hiring more workers rather than buying more capital.
D) if the amount of capital per worker decreases.
Correct Answer:
Verified
Q165: If new capital increases labor productivity, the
Q166: Q167: Labor productivity, real GDP per labor hour, Q168: The Industrial Revolution in England in large Q169: The demand for labor curve Q171: Which of the following is NOT an Q172: An increase in labor productivity shifts the Q173: Factors that influence labor productivity include Q174: Which of the following directly creates growth Q175: Which of the following contributes to an![]()
A) is downward
A)
A) the
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