Labor productivity measures
A) the growth of real output. B) real output per labor hour.
C) the growth in the quantity of labor. D) the growth of per capita real GDP.
B
Economics
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The price level in India increases from 131 to 137 while its trading partners' price levels remain constant. As a result, people will buy ________ Indian-made goods and there will be a movement ________ along India's aggregate demand curve
A) more; upward B) more; downward C) less; downward D) less; upward
Economics
An increase in rent will ordinarily lead to
A. an increase in usage of land that was formerly idle. B. a decrease in total land employed. C. less-intensive usage of land. D. a decrease in the income of landlords.
Economics