Multiple Choice
Employment will decrease as a result of an increase in productivity when which of the following occurs?
A) the AS curve shifts downward
B) output growth is less than productivity growth
C) productivity growth is less than output growth
D) the AD curve shifts to the right
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Suppose an economy experiences a reduction in
Q12: For this question,assume that the aggregate production
Q24: For this question,assume that expectations of P
Q26: For this question,assume that the aggregate production
Q28: Since 1971,the annual growth rate of real
Q32: Which of the following is NOT true
Q33: Based on our understanding of the wage
Q33: Because of labor hoarding,a reduction in output
Q36: For this question,assume productivity has been increasing
Q37: Suppose an economy experiences an increase in