Multiple Choice
Of the following,which is the least likely example of an increase in total factor productivity?
A) the introduction of the assembly line
B) an increase in immigration
C) good weather
D) a reduction in the relative price of energy
Correct Answer:

Verified
Correct Answer:
Verified
Q57: The questions below deal with the Gizmo
Q58: An increase in the real wage<br>A) represents
Q59: The property of diminishing marginal rate of
Q60: We consider the preferences of the consumer
Q61: A consumption bundle<br>A) is a particular combination
Q63: The assumption that the marginal product of
Q64: The vertical intercept of the consumer's budget
Q65: The construct of a representative firm is
Q66: At the optimal consumption bundle,the marginal rate
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