Workers in an Economy Are Likely to Be More Productive

question 68

Multiple Choice

Workers in an economy are likely to be more productive if ________.

• A) the size of the population is high
• B) the economy has a large physical capital stock
• C) the unemployment rate in the economy is low
• D) the rate of inflation in the economy is high

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Definitions:

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles.

Managerial Decisions

The process by which managers select a course of action among several alternatives to achieve organizational goals.

Problem Seeker

An individual or entity that proactively looks for potential issues or challenges before they escalate, to address them early.

Anticipated Need

Expectation of a requirement or demand in the future, often based on current trends or forecasts.