What two factors are the keys to determining labor productivity?
A) the business cycle and the growth rate of real GDP
B) the growth rate of real GDP and the interest rate
C) the level of technology and the quantity of capital per hour worked
D) the average level of education of the workforce and the price level
Correct Answer:
Verified
Q26: Which of the following describes the growth
Q27: Potential GDP refers to
A)the level of GDP
Q28: The only way the standard of living
Q29: Article Summary
According to the U.S.Department of Labor,nonfarm
Q30: If labor productivity growth slows down in
Q32: In terms of economic growth,the key measure
Q33: The total amount of physical capital available
Q34: Which of the following would contribute to
Q35: Article Summary
According to the U.S.Department of Labor,nonfarm
Q36: If labor productivity growth slows down in
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