Labor-saving technological advances decrease the marginal productivity of labor
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
In general, which of the following do NOT tend to increase trade between two countries?
A) linguistic and/or cultural affinity B) historical ties C) larger economies D) mutual membership in preferential trade agreements E) the existence of well controlled borders between countries
Economics
In which type of contract is the agent paid per unit of output?
A) A commission based contract. B) A sharecropping contract. C) A piece rate contract. D) A contract with stock options as salary.
Economics