Labor Productivity Depends On

question 108

Multiple Choice

Labor productivity depends on:

• A)the effectiveness of government.
• B)the size of the economy.
• C)the proportion of the labor force that is unionized.
• D)the amount of natural resources.
• E)the risks taken by an entrepreneur.

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Definitions:

Schedule D

Schedule D is a tax form used to report capital gains or losses from the sale of capital assets, including stocks, bonds, and real estate.

Average Cost

A method of calculating the cost of inventories based on the average cost of all similar goods available during the period.

Adjusted Basis

The original cost of a property plus improvements, less any depreciation taken, used in calculating capital gains or losses for tax purposes.

Shares Sold

Refers to the act of selling ownership stakes in a company or investment.