Ceteris Paribus,in Which of the Following Instances Would the Increase

question 61

Multiple Choice

Ceteris paribus,in which of the following instances would the increase in labour productivity be the largest?

• A)Inputs of labour and the stock of capital goods increase proportionately.
• B)The increase in the stock of capital goods exceeds the increase in inputs of labour.
• C)The increase in inputs of labour exceeds the increase in the stock of capital goods.
• D)Inputs of labour increase and the stock of capital goods remains constant.
• E)Inputs of labour and the stock of capital goods decrease proportionately.

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Definitions:

Creativity

The ability to generate innovative ideas and solve problems in novel ways.

Autocratic

An autocratic leadership style is characterized by individual control over all decisions and little input from group members.

Consultative Leader

A leadership style where the leader seeks input and advice from their team before making decisions, promoting a collaborative environment.

Shared Values

Fundamental beliefs or principles that are held in common by members of a group, shaping their behavior and decision-making.