The critical determinants of productivity growth include all of the following except:
A) the average quality of the labor force
B) the amount of capital goods employed with each worker hour of labor
C) the efficiency with which inputs are combined
D) the extent of import restrictions
Correct Answer:
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Q5: Which of the following would not cause
Q6: Q7: Which of the following is not considered Q8: The average quality of labor has increased,partly Q9: If nominal wages rose 1.5% and productivity Q11: According to evidence reported by Jorgenson,Ho,and Stiroh,the Q12: Labor productivity is best defined as: Q13: In year 1,an economy used 200 worker Q14: The secular increase in real wages resulted Q15: If real GDP falls by 2% while
A)real GDP
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