Workers today are more productive than workers in the past because:
A) they now are physically stronger on average.
B) they now have more physical capital embodying better technology.
C) more of them use the same number of machines as in the past.
D) they are paid more.
Correct Answer:
Verified
Q49: Labor productivity growth can be attributed to:
A)
Q61: Human capital refers to:
A) output per worker.
B)
Q63: If technology advances:
A) GDP per capita declines.
B)
Q67: If technology advances,:
A) more output can be
Q68: An example of human capital is a
Q70: Which of the following will NOT increase
Q72: Physical capital includes:
A) a worker's education or
Q75: Technological progress allows workers to produce more:
A)
Q78: Human capital is:
A) the improvement in labor
Q80: All of the following are reasons average
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