Which of the following does not contribute to labor productivity growth?
A) a steepening of the per-worker production function
B) an increase in amount of capital per unit of labor
C) growth of the labor force
D) an improvement in the quality of capital
E) a decrease in the labor-capital ratio
Correct Answer:
Verified
Q11: Long-term growth in production can be explained
Q17: An example of an increase in human
Q18: The rules of the game refer to
A)any
Q20: Human capital represents
A)the equipment that labor uses
Q21: Exhibit 8-2 Q23: Exhibit 8-1 Q24: Exhibit 8-2 Q25: Labor productivity measures Q26: Exhibit 8-1 Q27: Exhibit 8-1 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
A)input per unit of labor
B)output