If Productivity Constantly Increases, Then the Real Wage Rate________ and Employment________

question 75

Multiple Choice

If productivity constantly increases, then the real wage rate________ and employment________ .

• A) constantly decreases; does not change
• B) does not change; constantly decreases
• C) constantly rises; does not change
• D) constantly rises; constantly increases

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Definitions:

Cultural More

A widely held social norm that dictates the appropriate or expected behaviors within a society.

Cultural Capital

The accumulation of knowledge, behaviors, and skills that one can tap into to demonstrate one's cultural competence, and thus social status.

Privilege

A special right, advantage, or immunity granted or available only to a particular person or group of people.

High Aesthetic

An appreciation for, or creation of, art, beauty, or elements that evoke a profound sense of beauty and emotion.