All of the following are reasons average workers in the United States today produce more than their counterparts a century ago EXCEPT that the modern worker:
A) is better educated.
B) has more physical capital to work with.
C) has better technology to work with.
D) works longer hours.
Correct Answer:
Verified
Q49: Labor productivity growth can be attributed to:
A)
Q61: Human capital refers to:
A) output per worker.
B)
Q72: Physical capital includes:
A) a worker's education or
Q73: To acquire human capital a person would:
A)
Q75: Workers today are more productive than workers
Q78: Human capital is:
A) the improvement in labor
Q82: Use the following to answer questions:
Figure: Productivity
Q83: Use the following to answer questions:
Figure: Productivity
Q84: Which sector is responsible for most of
Q87: Because of diminishing returns to capital, doubling
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