Over the long run, technological change increases both labor productivity and unemployment rates
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Exhibit 11-8 A labor market
If the labor market shown in Exhibit 11-8 is a monopsony, the wage rate and number of workers employed will be determined at point:
?
A. F. B. B. C. C. D. D.
Economics
An irrigation system is installed on a farm in Idaho. This is an example of which factor of production?
A. physical capital B. land C. human capital D. labor
Economics