Unit Labor Costs Will Not Rise in Unison with Wage

question 154

Multiple Choice

Unit labor costs will not rise in unison with wage rates if

• A) the governments institute wage and price controls.
• B) productivity decreases faster than wages increase.
• C) the gains in productivity are greater than wage increases.
• D) interest rates rise less than wage rates.
• E) advertising costs decline.

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Definitions:

Conditioned Response

A learned reaction to a previously neutral stimulus as a result of repeated associations with a stimulus that elicits an automatic response.

Media Violence

The depiction of aggressive or harmful behavior in various forms of media, and its potential impact on audience behavior and attitudes.

Aggressive Behaviour

Aggressive behaviour is actions intended to harm or intimidate others, which can be physical or verbal, and motivated by various underlying factors.

Long-Term Effects

The lasting consequences or impacts of an event, action, or condition that may not be apparent immediately but are observed over a prolonged period.