Which of the Following Would Increase Labor Productivity,ceteris Paribus

question 126

Multiple Choice

Which of the following would increase labor productivity,ceteris paribus?

• A)An increase in the number of participants in the labor force.
• B)An increase in the quality of capital.
• C)Crowding out.
• D)A decrease in the quantity of capital.

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Definitions:

Adequate Consideration

A fair and reasonable value exchanged in a contract, ensuring that all parties receive something of value.

Arbitration Clause

A provision in a contract that requires the parties to resolve disputes through arbitration rather than through litigation in court.

Preexisting Duty

An obligation that a party is already legally bound to, which cannot serve as consideration for a new contract.

Forbearance to Sue

An agreement or arrangement where a party chooses not to pursue legal action in exchange for some form of compensation or under specific conditions.