Increasing the capital available to the workforce, holding other factors constant, tends to ______ total output while ______ labor productivity.
Question
Solution 1
Increase, Increase
Step 1: Understanding the question The question is asking about the effects of increasing capital available to the workforce, assuming all other factors remain the same. Specifically, it wants to know how this change affects total output and labor productivity.
Step 2: Understan Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
Productivity is defined by the formula of outputs divided by ______ for a specified period of time.Multiple choice question.laborinputsprocessescapital
What is output per labor-hour?Multiple choice question.ProductivityCapital-intensiveLabor-intensiveA factor of production
The key to sustained economic growth is increasing labor productivity.Question 34Answera.Trueb.False
The amount of output produced per unit of input used is referred to as ______.productivitymarginal costspecializationdivision of labor.
Productivity grows more quickly when countries produce goods and services in which they are of ________ advantage.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.