Which of the Following Can Cause an Increase in Real

question 95

Multiple Choice

Which of the following can cause an increase in real wages?

• A)a technological advance that increases the quality of the capital goods used by labor.
• B)higher demand for labor.
• C)an increase in the price level.
• D)a and b
• E)all of the above

---

Definitions:

Market Price

The ongoing market price for an asset or service available for purchase or sale.

Total Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue.

Average Total Assets

A measure calculated by averaging the total assets a company has at the beginning and end of the financial period, used to evaluate asset efficiency.

Net Sales

The amount of a company's gross sales minus its returns, allowances, and discounts.