Productivity refers to the value of what is produced per worker or per hour worked

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Fiscal policy is:

A. easy to enact but slow to affect the economy. B. difficult to enact but quick to affect the economy. C. easy to enact and quick to affect the economy. D. difficult to enact and slow to affect the economy.

Economics

Income elasticity is defined as the:

A. percentage change in demand divided by the percentage change in income. B. change in income divided by the change in demand. C. percentage change in income divided by the percentage change in demand. D. change in demand divided by the change in income.

Economics