A reason for an increase in labor productivity growth is
A) an increase in people's human capital.
B) a decrease in the capital stock so that firms must hire more workers.
C) growth in the supply of labor.
D) an increase in the population so that firms hire more workers.
E) an increase in the quantity of labor.
Correct Answer:
Verified
Q198: Q199: If real GDP grew 5 percent last Q200: Labor productivity equals Q201: Suppose that an Intel worker rearranges existing Q202: The productivity curve is a relationship between Q204: If capital per hour of labor increases,GDP Q205: A diagram of a productivity curve has Q206: Human capital is acquired Q207: Human capital is defined as the Q208: The law of diminishing marginal returns states
A)real GDP.
B)real GDP per hour
A)real
A)only in school.
B)only through
A)amount of
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