The Two Most Important Factors Contributing to Increased Productivity in Industrialized

question 102

Multiple Choice

The two most important factors contributing to increased productivity in industrialized countries in the twentieth century were:

• A)higher relative prices and a larger labor supply.
• B)higher relative prices and technological progress.
• C)technological progress and increases in the capital stock.
• D)technological progress and increases in the labor supply.

Recognize the legal frameworks surrounding employment, including the at-will employment doctrine and exceptions to it.

Determine the ethical implications of business decisions on human rights and employee privacy.

Examine the role of organizational culture and policies in promoting ethical behavior.

Analyze the impact of diversity in the workplace on ethical practices.

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Definitions:

Interest Rates

The percentage of a sum of money charged for its use, determined by the lender and agreed upon by the borrower.

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating how much money each share makes.

Periodic Basis

An accounting method where transactions are recorded and financial statements are prepared at regular, specific intervals, such as monthly, quarterly, or annually.

Bondholders

Individuals or institutions that hold the debt securities issued by corporations or governments, entitled to receive interest payments and the principal repayment.