Which of the Following Contributes to an Increase in Labor

question 43

Multiple Choice

Which of the following contributes to an increase in labor productivity?

• A) increased consumption expenditure
• B) increased capital stock
• C) decreased investment
• D) All of the above contribute to an increase in labor productivity.

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Definitions:

Underemployed

Refers to individuals working in a job that does not fully utilize their skills, education, or availability, often resulting in part-time employment despite a desire for full-time work.

Manhattan Island

An island located at the mouth of the Hudson River in New York City, known for being the city's economic and cultural center.

Automobile Factory

A manufacturing facility that specializes in producing automobiles, utilizing assembly lines for efficient mass production.

Unemployment

Occurs when people who are willing to work are unable to find jobs, representing a wasted potential in the economy.