Identify the correct statement from the following
a. A worker's wage line and productivity line over his lifetime are parallel to each other.
b. The wage line of a worker's lifespan is an upward sloping straight line.
c. The productivity line of a worker's lifespan rises at a decreasing rate.
d. A worker's wage is always equal to his productivity.
C
You might also like to view...
If assets are imperfect substitutes, then a decrease in the amount of domestic currency bonds held by the public will ________ the risk premium and ________ the amount of domestic currency bonds held by the central bank
A) decrease; leave unchanged B) increase; decrease C) increase; increase D) decrease; decrease E) leave unchanged; decrease
In the U.S., charging monopoly-level prices
A) is evidence of a conspiracy. B) is illegal. C) is not necessarily illegal. D) constitutes a per se violation.