Multiple Choice
Which of the following is most likely to cause the productivity of labor to increase?
A) higher money wages
B) a higher rate of investment in human and nonhuman capital
C) more flexible working hours and improved retirement plans
D) an increase in the proportion of the workforce that belongs to a labor union
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Other things the same, the wages in
Q39: If all persons had identical preferences and
Q52: The tournament pay explanation is useful in
Q55: Which of the following would be most
Q56: (I) Productivity growth in the United States
Q58: Which of the following is most likely
Q65: The fact that wage differentials continue to
Q66: Occupations X and Y employ persons with
Q75: Everything else equal, wages are likely to
Q90: New technological advancements, such as robots are<br>A)