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.
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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.
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