Factors That Influence Labor Productivity Include ___________

question 32

Multiple Choice

Factors that influence labor productivity include ___________.

• A) the labor demand curve
• B) physical capital, human capital, and technology
• C) physical capital, the real wage rate, and technology
• D) the inflation rate, the real wage rate, and the exchange rate

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Definitions:

Unconscious Patronization

A subtle form of discrimination in which people with a bias unknowingly treat marginalized or minority individuals with apparent kindness that reflects a sense of superiority.

Just-World Phenomenon

The cognitive bias to believe that the world is inherently fair, leading to the assumption that individuals get what they deserve.

Unemployed People

Individuals who are currently not working but are available for and seeking employment.

Other-Race Effect

A cognitive bias where individuals are more likely to recognize and differentiate faces of their own racial or ethnic group than those of other groups.