Which of the following best describes the relationship between productivity changes and investment during a recession?
A) Unit labor costs rise,plant and equipment are utilized more,investment rises
B) Unit labor costs fall,plant and equipment are utilized more,investment rises
C) Unit labor costs fall,plant and equipment are utilized less,investment rises
D) Unit labor costs rise,plant and equipment are utilized less,investment falls
Correct Answer:
Verified
Q22: An economy-wide increase in productivity caused by
Q23: Which one of the following most closely
Q24: Allowing for changes in product demand,the relationship
Q25: Productivity growth:
A)has been associated with rising aggregate
Q26: Compared to the 1948 - 1973 period,the
Q28: Productivity growth:
A)falls below its trend rate in
Q29: Under what conditions would we expect to
Q30: For the 1948 - 2011 period in
Q31: Productivity declines may worsen recessions by causing
Q32: Suppose that an economy's real wages and
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