An Increase in Labour Productivity

question 23

Multiple Choice

An increase in labour productivity

• A)cannot occur without a corresponding increase in employment.
• B)decreases the standard of living.
• C)generally occurs when physical capital decreases because firms must then hire more workers.
• D)increases the standard of living.
• E)might be the result of an increase in the quantity of labour.

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Definitions:

Marijuana

A psychoactive drug derived from the Cannabis plant, used for recreational or medicinal purposes, affecting mood, perception, and cognitive functions.

Stimulant

A substance that increases activity in the central nervous system or the body, leading to increased alertness and physical activity.

Narcotic

A class of drugs that reduce pain, alter mood and behavior, and usually induce sleep or stupor; often leading to dependence.

Hallucinogen

A substance that induces alterations in perception, mood, consciousness, and thought, typically producing hallucinations.