The Trump Administration Hopes That Its Program of Infrastructure Spending

question 75

Multiple Choice

The Trump administration hopes that its program of infrastructure spending might expand employment by luring some prime-age workers back into the labor force.This would ________ the employment-population ratio,which would increase ________.

• A)increase; growth in labor productivity
• B)increase; the growth rate of hours worked
• C)decrease; growth in labor productivity
• D)decrease; the growth rate of hours worked

---

Definitions:

Break-Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

Sales Dollars

The total revenue generated from selling goods or services, expressed in monetary value.

Net Operating Income

A financial metric that calculates a company's income after all operating expenses, excluding taxes and interest, have been deducted from total revenue.

Common Fixed Expenses

Overhead costs that are shared by different departments or products within a company and do not vary with production volume.