Which of the Following Is Likely to Increase the Productivity

question 94

Multiple Choice

Which of the following is likely to increase the productivity of workers in an economy?

• A) An increase in the price level
• B) The discovery of an oil field
• C) An increase in the labor force participation rate in the economy
• D) An increase in the number of years of training that each worker receives

---

Definitions:

Ice Cream

A frozen dessert made from dairy products, sweeteners, and flavorings, enjoyed as a treat or snack.

Buying Behavior

The decision processes and acts of individuals involved in buying and using products.

Opportunity Cost

The cost of an alternative that must be forgone as a result of choosing another option, representing the benefits that could have been received by taking a different path.

Free Lunch

An expression indicating that obtaining goods or services without cost or effort is impossible in economic terms, as there's always a trade-off.