During a recession,average labor productivity tends to decrease because output falls and
A) prices also fall.
B) workers with specific training are not laid off.
C) workers with general training are not laid off.
D) neither workers with general training nor workers with firm-specific training are laid off.
Correct Answer:
Verified
Q6: Employment protection policies adopted in many European
Q7: Legislation requiring employer-provided health insurance for part-time
Q8: A quasi-fixed cost of labor is a
Q9: If a worker incurs the entire cost
Q10: General training is usually paid for by
A)
Q12: Specific training is paid for by
A) the
Q13: A firm could profitably pay for a
Q14: An increase in quasi-fixed costs would probably
Q15: Policies that protect workers against "unjust dismissal"
Q16: A mandated increase in overtime pay is
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