Labor Productivity Depends on the

question 22

Multiple Choice

Labor productivity depends on the

• A)quality of the labor
• B)the effectiveness of government
• C)the proportion of the labor force that is unionized
• D)the size of the economy
• E)All of the answers are correct

---

Definitions:

Royal Bank

A financial institution that is chartered or authorized to operate under a royal charter.

Reward-To-Risk Ratio

An assessment tool employed by investors to evaluate the potential returns of an investment relative to the level of risk involved in achieving those returns.

Market Efficiency

describes a market in which asset prices fully reflect all available information at any given time, making it impossible to consistently achieve higher returns.

Unexpected Return

The difference between the actual return of an investment and the expected return, usually arising from unexpected factors or events.