An increase in labor productivity
A) increases the standard of living.
B) decreases the standard of living.
C) might be the result of an increase in the quantity of labor.
D) generally occurs when physical capital decreases because firms must then hire more workers.
E) cannot occur without a corresponding increase in employment.
Correct Answer:
Verified
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Q187: Labor productivity is equal to the quantity
Q189: Real GDP is $700 billion,average hours worked
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Q191: Last year,in a nation far to the
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I.saving and investment.
Ii.increases
Q193: Labor productivity is defined as
A)total real GDP.
B)real
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