From 1973 to 1995, productivity of labor in the U.S

a. declined because of reduced capital formation.
b. declined because of slower technological improvement.
c. increased because of expanded technological improvement.
d. increased because of expanded technological improvement.

b

Economics

You might also like to view...

GDP is supposed to measure the goods ________ the United States

A) purchased in B) produced in C) exported to D) imported to

Economics

The slope of money demand curve illustrates the idea that there is

a) a positive relationship b/w the interest rate and the quantity of money demanded b) a positive relationship b/w the price level and the quantity of money demanded c) a negative relationship b/w the interest rate and the quantity of money demanded d) a negative relationship b/w the value of transactions and the quantity of money demanded e) none of the above

Economics