Which of the Following Would Not Be Expected to Increase

question 104

Multiple Choice

Which of the following would not be expected to increase labour productivity?

• A)technological progress
• B)the acquisition of more education and training by the labour force
• C)an increase in the size of the labour force
• D)the realization of greater efficiency in production through increasing returns to scale
• E)a greater quantity of capital per worker

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Definitions:

Compounded Monthly

A method of calculating interest where the accumulated interest is added to the principal sum each month.

Retires

The act of leaving one's job and ceasing to work, typically because of age or health.

Retirement Savings Plan

a financial arrangement designed to allow individuals to accumulate funds for their retirement.

Compounded Monthly

This refers to the process of calculating interest on both the principal amount and accrued interest every month.