Question

What two factors are the keys to determining labour productivity? Select one: O a. technology and the quantity of capital per hour worked O b. the growth rate of real the growth rate of real GDP and the interest rate O c. the average level of education of the workforce and the price level O d. the business cycle and the growth rate of real GDP Long-run economic growth requires all of the following except Select one: O a. Long-run economic growth requires all of the following except O b. increases in per capita hours worked O c. government instability CONCLUSIONE DIRECTOR

Answer 1

a) "A"

The capital available and the tehcnology that the labors are using in the market are the determinants of the labor productivity.

b) "C"

Government instability harms the long run growth in the market.

c) "A"

A movement of the SRAS to the right will represents the growth in the productivity in the market.

d) "A"

Decreasing the income tax will increase the consumption in the market.