The Link Between the Productivity of Labor and the Standard

question 5

Multiple Choice

The link between the productivity of labor and the standard of living is:

• A) tenuous and changing.
• B) inverse.
• C) that over the long run, consumers as a whole can increase their rate of consumption only by increasing labor productivity.
• D) that over the long run, consumers' rate of consumption is not related to labor productivity.
• E) that the productivity of labor grows much more erratically than the standard of living.

---

Definitions:

Wikis

Collaborative websites where users can add, modify, or delete content directly through a web browser.

Collaborative Collections

Groups of items or data gathered and managed by multiple individuals working together, often in a digital environment.

Knowledge

Knowledge or abilities acquired through education or experience.

Social Bookmarking

An online service that allows users to save, organize, and manage links to various websites and resources on the internet.