When labour productivity decreases, there is ________ the production function and ________ in potential GDP.
A) a movement down along; no change
B) a movement down along; a decrease
C) a downward shift of; no change
D) a downward shift of; a decrease
E) neither a movement along nor a shift of; no change
Correct Answer:
Verified
Q63: When labour productivity decreases, the
A)demand for labour
Q63: Which theory of economic growth argues that
Q64: Labour productivity grows as
A)consumption expenditure increases.
B)depreciation increases.
C)physical
Q65: Which of the following is not a
Q66: For three years, there was no technological
Q68: An increase in education and training
A)increases labour
Q69: _ is the accumulated skill and knowledge
Q70: Which theory of economic growth argues that
Q71: The Industrial Revolution in England was largely
Q72: Human capital is the
A)machinery used by humans
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