Home / Questions / Productivity is ________ if we produce less output with the same labour hours. A) increas

Productivity is ________ if we produce less output with the same labour hours. A) increas

Productivity is ________ if we produce less output with the same labour hours.

A) increasing

B) not changing

C) decreasing

D) proportional

52) If we produce the less output with the same amount of labour hours then

A) we are working harder over time.

B) working longer over time.

C) productivity is increasing.

D) productivity is decreasing.

 

53) If we produce the more output with the same amount of labour hours then

A) we are working harder over time.

B) working longer over time.

C) productivity is increasing.

D) productivity is decreasing.

 

54) If we produce the same output with more labour hours then Productivity relates to

A) working harder over time.

B) working longer over time.

C) productivity is increasing.

D) productivity is decreasing.

55) Which of the following is an example of a measure of labour productivity?

A) Farm workers produce 30 bushels of wheat per worker per day

B) Autos get 30 gallons to the mile

C) The growth rate of per capita real GDP is 3.5 percent per year

D) Wages increase by 3.5 percent per year for 5 years

56) Labour productivity increases when

A) the population increases.

B) output remains constant while the labour force decreases.

C) output increases at the same rate as the labour force increases.

D) output increases faster than population increases.

 

57) Labour productivity decreases when

A) the population increases.

B) output remains constant while the labour force increases.

C) output decreases at the same rate as the labour force increases.

D) output decreases faster than population increases.

 

58) In Canada, productivity growth has been on the rise since

A) 1960s.

B) 1970s.

C) 1980s.

D) 1990s.

59) Giving up consumption today for consumption tomorrow accelerates economic growth by

A) having the economy produce no consumer goods.

B) increasing saving out of disposable income.

C) increasing the expected rate of inflation.

D) rapid expansion of the money supply.

60) When comparing across countries, the higher the rate of savings,

A) the lower the level of per capita real GDP.

B) the higher the level of per capita real GDP.

C) the less industrialized the country.

D) the lower the productivity rates.

Dec 07 2019 Read more Less More

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