As the economy starts to expand,labor productivity rises as firm start using any excess labor they kept during the recession.

Name: As the economy starts to expand,labor productivity rises as firm start using any excess labor they kept during the recession.
Brand: Quizplus
Rating: 4.9 (59 reviews)

Question

Quizplus · Accepted Answer

During a recession, firms may keep excess labor because they are uncertain about future demand. As the economy starts to expand, they will begin using this excess labor which will increase labor productivity.

As the Economy Starts to Expand,labor Productivity Rises as Firm