Which of the Following Is Most Likely to Cause the Productivity

question 15

Multiple Choice

Which of the following is most likely to cause the productivity of labor to increase?

• A) higher money wages.
• B) an increase in the proportion of the workforce that belongs to a labor union.
• C) more flexible working hours and improved retirement plans.
• D) a higher rate of investment in human and nonhuman capital.

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Definitions:

Condition Subsequent

A condition in a contract that, if it occurs, terminates the party's obligation or alters the terms of the agreement.

Rescission

Rescission is the legal act of unmaking or terminating a contract, returning the parties involved to their positions prior to the contract's existence.

Restitution

The return of any property given up under a contract.

Absolute Obligation

A duty or responsibility that is not subject to any conditions and must be fulfilled under all circumstances.