Productivity gains in the United States since 1990 have been ________ productivity gains in other leading industrial nations
A) the same as B) higher than C) lower than D) more variable than
B
Economics
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Short-run total cost is the sum of
a. short-run fixed cost, short-run variable cost, and short-run marginal costs. b. short-run fixed cost and short-run marginal costs. c. short-run variable cost and short-run costs. d. short-run fixed cost and short-run variable cost.
Economics
If a country possesses the absolute advantage in the production of one good:
A. it can produce more of that good given the same resources. B. then it must also possess the absolute advantage in the production of the other good. C. then it must also possess the comparative advantage in the production of the other good. D. then it must also possess the comparative advantage in the production of both goods.
Economics