The Relationship Between Labour Productivity and Wages Is That If

question 44

Multiple Choice

The relationship between labour productivity and wages is that if:

• A)wages rise then labour productivity will rise
• B)labour productivity falls then wages will rise
• C)labour productivity rises then wages will rise
• D)none of the above

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Definitions:

Brainstorming

A group creativity technique designed to generate a large number of ideas for the solution of a problem.

Floating Pivot Point

A technical analysis term used to determine the overall trend of the market over different time frames.

Maul Stick

A long stick used by painters to support the hand holding the brush, allowing for steadier and more precise paint application.

Analytical

Pertaining to the systematic examination or analysis of data or information, often using statistical methods to draw conclusions.