Multiple Choice
Which of the following is likely to cause an increase in labour productivity?
A) a decline in student achievement scores
B) a service sector that is growing as a percentage of GDP
C) decreased spending on research and development
D) increases in capital formation
Correct Answer:

Verified
Correct Answer:
Verified
Q13: According to the per-worker production function, how
Q14: Which of the following does NOT contribute
Q15: What does labour productivity measure? <br>A) the input
Q16: Which of the following is an example
Q17: Which resource is often enhanced by technological
Q19: Which of the following best explains the
Q20: According to the law of diminishing marginal
Q21: Suppose Q is total real output, K
Q22: Why is productivity growth important? <br>A) because it
Q23: From 1962 to 2010, what was the