Other things equal,which of the following would increase the rate of economic growth,as measured by changes in real GDP?
A) A decline in the average length of the workweek.
B) A decrease in the labor force participation rate.
C) An increase in the size of the working age population.
D) A decline in the amount of capital per worker.
Correct Answer:
Verified
Q46: Suppose total output (real GDP) is $4,000
Q46: Suppose that an economy's labor productivity fell
Q47: Suppose total output (real GDP) is $10,000
Q52: Labor productivity is defined as:
A) total output/worker-hours.
B)
Q55: Which of the following statements is correct?
A)
Q58: Which of the following is correct?
A) Total
Q59: Labor productivity is measured by
A) the ratio
Q60: Suppose that an economy's labor productivity and
Q61: Economies of scale refer to:
A) the idea
Q62: The percentage of U.S.adults with a high
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