
-The information provided in the table above suggests that
A) only increases in average labour productivity have contributed significantly to today's living standards of Canadians.
B) increases in average labour productivity have contributed little to today's living standards of Canadians.
C) only increases in the share of population with paid jobs have contributed significantly to today's living standards of Canadians.
D) increases in the share of population with paid jobs have contributed little to today's living standards of Canadians.
E) both increases in average labour productivity and the share of population with paid jobs have contributed significantly to today's living standards of Canadians.
Correct Answer:
Verified
Q52: Growth in the share of the population
Q53: Assume that an economy has 2,000 workers,each
Q54: In Macroland,500,000 of the 1 million people
Q55: Holding all else constant,if the share of
Q56: Total real output can be determined by
A)
Q58: Increasing average labour productivity is important to
Q59: In Econland,500,000 of the 2 million people
Q60: The table below provides data on Canada's
Q61: Increasing the capital available to the workforce,holding
Q62: Workers should invest in additional human capital
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