Each of the following increases average labor productivity except :

A. more natural resources.
B. more central planning.
C. more physical capital.
D. more human capital.

Answer: B

Economics

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Specialization and exchange result from differences in productivity that lead to

A) self-sufficiency. B) comparative advantage. C) absolute advantage. D) opportunity cost.

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Compared to the United Kingdom, the national debt as a percentage of GDP in the United States is:

a. slightly larger. b. substantially smaller. c. substantially larger. d. the same.

Economics