One of the strengths of a socialist economy, according to those who advocate such a system, is that government intervention will enable a more equitable distribution of income

If productivity of an economy increases then: a. the amount of goods and services produced by a worker per hour increases. b. the labor force increases

c. the real GDP per capita decreases. d. the labor force decreases.

The demand curve for labor will most likely increase when the price of a:

A. Complementary input increases, provided the substitution effect is greater than the output effect B. Substitute input decreases, provided the output effect is greater than the substitution effect C. Substitute input increases, provided the output effect is greater than the substitution effect D. Substitute input decreases, provided the substitution effect is greater than the output effect