Which of the following is most likely to cause the productivity of labor to increase?
a. higher money wages.
b. an increase in the proportion of the workforce that belongs to a labor union.
c. more flexible working hours and improved retirement plans.
d. a higher rate of investment in human and nonhuman capital.
D
Economics
You might also like to view...
If price is set equal to marginal cost when marginal cost is below ATC, the firm will suffer a loss
Indicate whether the statement is true or false
Economics
A fair coin is flipped. If it lands heads the person receives $1.00. If it lands tails, the person receives $11.00. If the person is not willing to pay $6.00 to take this gamble, they must be
a. risk-neutral. b. risk-averse. c. risk-preferring. d. either risk-neutral or risk-preferring (i.e. not risk averse)
Economics