Labor Productivity Rises

question 50

Multiple Choice

Labor productivity rises

• A) if the amount of capital per worker increases.
• B) in the absence of technological progress.
• C) if firms invest in hiring more workers rather than buying more capital.
• D) if the amount of capital per worker decreases.

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Definitions:

Appellate Jurisdiction

The authority of a higher court to review and amend the decision of a lower court.

De Novo Review

De Novo Review is a form of appeal in which the reviewing court considers the matter anew, as if it had not been heard before and no decision previously made.

Clearly Erroneous

A standard of review for an obvious mistake in judgment or procedure.

Cross-examination

A stage in a legal trial where one party questions a witness called by the opposing party to challenge the testimony given.