Labor Productivity

question 291

Multiple Choice

Labor productivity .

• A) is labor per unit of capital
• B) is real GDP per hour of labor
• C) is real GDP per unit of capital
• D) increases when aggregate labor hours increase

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Definitions:

Postconventional Level

According to Kohlberg, a period during which moral judgments are derived from moral principles, and people look to themselves to set moral standards.

Moral Development

The process by which individuals learn to differentiate right from wrong and develop principles of ethical behavior over time.

Moral Standards

Guidelines defining what is morally right or wrong and what constitutes good or bad conduct.

Obedience

The act of following directions or commands from authority figures, often seen as a form of social influence.