Governments contribute to increased average labor productivity in each of the following ways except by:
A. allowing the free and open exchange of ideas.
B. establishing well-defined property rights.
C. maintaining political stability.
D. imposing taxes on wages.
Answer: D
Economics
You might also like to view...
Between 1865 and 1914, individuals in households could use the income they did not spend to do what?
(a) Purchase stocks (b) Buy bonds (c) Place money in savings accounts (d) All of the above
Economics
Exhibit 6-10 Short-run cost schedule for book publisher's hourly production TotalOutput TotalVariable Cost TotalCost 0 cases of books $ 0 $200 1 100 300 2 150 350 3 250 450 4 450 650 In Exhibit 6-10, the publisher's fixed cost is equal to:
A. $0. B. $100. C. $200. D. The fixed cost cannot be determined with the information provided.
Economics