An Increase in Labor Productivity Necessarily Means an Increase in Real

question 111

Multiple Choice

An increase in labor productivity necessarily means an increase in real GDP per capita if _____

• A) real GDP increases.
• B) the employment growth rate is greater than the population growth rate.
• C) the employment growth rate is less than the population growth rate.
• D) the size of the labor force increases.
• E) real GDP increases more rapidly than nominal GDP.

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Definitions:

Comparative Reasoning

Involves assessing similarities and differences among objects, situations, or ideas to reach a conclusion or make a decision.

Comparative Reasoning

A method of making decisions or understanding issues by comparing them to other similar situations.

Comparative Reasoning

A method of reasoning through the comparison of similar cases, instances, or scenarios to draw conclusions or make decisions.

Communal Well

A water well that is shared and used by the members of a community.