In General, the Production and Use of Capital ________ the Productivity

question 156

Multiple Choice

In general, the production and use of capital ________ the productivity of labor and normally ________ wages.

• A) enhances; drives up
• B) enhances; drives down
• C) diminishes; drives down
• D) has no effect on; has no effect on

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Definitions:

U.S. Government

The federal government of the United States, comprising three branches: legislative, executive, and judicial.

Order Cycle

The duration or process from the initiation of an order to the delivery of the product or service to the customer.

Customer Order

A request made by a customer to purchase goods or services, which typically includes specific details such as quantity and delivery requirements.

Customer Communication

The two-way information flow between the firm and its customer.