Which of the following contributes to the high productivity of American workers?
A) The labor-intensive production process in the United States.
B) The abundance of capital relative to labor.
C) The low level of factor mobility.
D) The decreasing investment in human capital.
Correct Answer:
Verified
Q58: The United States has a larger real
Q59: A labor-intensive production process is one that
A)Has
Q60: A capital-intensive production process is one that
A)Has
Q61: In terms of an economy's production possibilities
Q62: Productivity is a measure of
A)Output per unit
Q64: Which of the following is likely to
Q65: Which of the following will increase the
Q66: Productivity
A)Rises when the value of output rises
Q67: Which of the following definitely means productivity
Q68: Human capital is defined as the
A)Amount of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents