Which of the following would be most likely to cause the per capita income of less-developed countries to rise?

a. Development of strong labor unions.
b. More rapid population growth.
c. Investment expenditures that enhance the human capital of labor force participants.
d. An international minimum wage law.

c

Economics

You might also like to view...

How did the Uruguay Round of GATT impact agriculture?

What will be an ideal response?

Economics

Which of the following is a microeconomic question?

A) Why do economies experience periods of high inflation? B) Will Federal Reserve intervention lower the inflation rate? C) Why has growth in the economy increased since the end of the recession? D) Will the merger of American Airlines and US Airways increase or decrease airfares?

Economics