Solved

Other Things Equal, Which of the Following Would Increase Labor

Question 42

Multiple Choice

Other things equal, which of the following would increase labor productivity the most?


A) The stock of real capital and inputs of labor increase proportionately.
B) The increase in the stock of real capital exceeds the increase in inputs of labor.
C) The increase in inputs of labor exceeds the increase in the stock of real capital.
D) Inputs of labor increase and the stock of real capital remains constant.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions