Which of the Following Will Reduce Labor Productivity

question 76

Multiple Choice

Which of the following will reduce labor productivity?

• A) An increase in the ratio of labor to capital.
• B) A higher savings rate.
• C) An increase in literacy.
• D) An increase in capital stock.

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Definitions:

Qualifications

Refers to the skills, knowledge, and experience required to perform a particular job or task.

Environmental Consciousness

The awareness and concern for the impact of human activities on the environment, promoting sustainable practices.

Operating Procedures

Established methods or protocols outlining the steps to be followed in conducting certain processes or activities within an organization.

Equipment and Facilities

The tools, machinery, and infrastructure required for the production of goods or the provision of services.