Labor Productivity Rises

question 50

Multiple Choice

Labor productivity rises

• A) if the amount of capital per worker increases.
• B) in the absence of technological progress.
• C) if firms invest in hiring more workers rather than buying more capital.
• D) if the amount of capital per worker decreases.

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Definitions:

Wrongful Dissociation

In a business partnership context, refers to the improper withdrawal or expulsion of a partner contrary to the agreement terms or laws.

Rightful

Legitimately or legally correct; justifiably claimed or acknowledged.

Term Partnership

A partnership established for a specified duration as outlined in the partnership agreement.

Specified Cause

A particular reason or condition that is clearly defined and identified for actions such as termination of a contract or activation of provisions.