If we produce the same output with fewer labour hours then
A) we are working harder over time.
B) working longer over time.
C) productivity in increasing.
D) productivity in decreasing.
Correct Answer:
Verified
Q41: Labour productivity decreases when
A)the population increases.
B)output remains
Q43: The rate of economic growth will be
Q44: A lower rate of savings should lead
Q45: Other things held constant,an increase in consumption
Q47: In Canada,productivity growth has been on the
Q48: Productivity is _ if we produce the
Q49: If we produce the same output with
Q50: Other things held constant,a decline in saving
Q51: Labour productivity increases when
A)the population increases.
B)output remains
Q112: Giving up consumption today for consumption tomorrow
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