Which of the Following Statements Best Explains Why the Productivity

question 69

Multiple Choice

Which of the following statements best explains why the productivity function might shift up?

• A)The capital stock has increased by a greater percentage than the labor force.
• B)There has been an increase in productivity.
• C)There has been an increase in the capital stock.
• D)There has been a decline in the labor force.
• E)There has been a technological improvement.

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Definitions:

School Hours

The specific hours of the day during which formal education is provided to students at an educational institution.

Equal Employment Opportunity

Policies and regulations ensuring that all individuals have an equal chance for employment, without discrimination on the basis of race, color, religion, sex, or national origin.

Equal Pay

A principle requiring that men and women be given equal pay for equal work in the same establishment.

Broad Bands

A strategy in pay structure where a wide range of salaries is offered within a single pay band, allowing for greater flexibility in employee payment.