Labor productivity depends on the
a. the effectiveness of government
b. the availability of technology
c. the proportion of the labor force that is unionized
d. the size of the economy
e. All of the answers are correct
A
Economics
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A lower interest rate ________ Ap and thus causes ________ the IS curve
A) raises, movement downward along B) lowers, movement upward along C) raises, a parallel rightward shift of D) lowers, a parallel leftward shift of
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If the output of a firm is increased by one unit, the revenue addition is called
a. total revenue. b. average revenue. c. marginal revenue. d. economic profit.
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