In the Labour Market, an Increase in Labour Productivity _______

question 10

Multiple Choice

In the labour market, an increase in labour productivity _______ the real wage rate and _______ the level of employment.

• A)lowers; decreases
• B)raises; does not change
• C)raises; decreases
• D)raises; increases
• E)lowers; increases

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Definitions:

Priming

A technique in psychology used to influence an individual's memory and perception by exposing them to a stimulus prior to another, related stimulus.

Self-Reference Effect

The tendency for information to be better recalled when it is related to oneself.

Psychological Professor

An academic expert who teaches and conducts research in psychology.

Contextual Cues

Environmental or situational indicators that help individuals understand and respond appropriately to different circumstances.