Output Per Capita Will Tend to Increase If the Labor

question 22

Multiple Choice

Output per capita will tend to increase if the labor force participation rate in a country ____ or if workers put in ____ hours.

• A)​rises; longer.
• B)​rises, shorter.
• C)​falls; longer.
• D)​falls; shorter

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Definitions:

Compensation Expense

An accounting term that represents the total cost incurred by a company to pay employees, including salaries, benefits, bonuses, and stock options.

Sales Increase

An upward trend in the volume or amount of sales achieved by a business over a given period, indicating growth in revenue.

Stock Appreciation Rights

A type of compensation granted to employees that provides the right to receive cash or stock based on the increase in the price of the company's stock over a set period.

Compensatory Stock Option Plans

Employee benefit plans which grant the option to purchase company stock at a discounted price as compensation or incentive.