An increase in productivity occurs when:
A) output per worker increases.
B) a nation's rate of inflation falls.
C) money GDP increases at the same time that real GDP decreases.
D) a nation's GDP goes up as a result of an increase in the size of its labor force.
Correct Answer:
Verified
Q166: None of the following activities are included
Q167: Productive activities that are not reported for
Q168: GDP calculations do not account for:
A) costs
Q169: Application 4.3, "A Tale of Two Families,"points
Q170: Increased productivity can benefit the economy by:
A)
Q172: Which of the following statements about the
Q173: Possibly, the economy may have to trade
Q174: Unemployment causes a loss for society because:
A)
Q175: The economy is at full employment when
Q176: When a person is out of work
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