The Number of Tools or Machines Each Worker Has to Work

question 79

Multiple Choice

The number of tools or machines each worker has to work with measures the

• A) average wage rate of workers.
• B) labor force participation rate.
• C) capital per worker ratio.
• D) productivity of workers.

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Definitions:

Training Program

Structured educational or skill-building initiatives designed to enhance the knowledge or capabilities of participants.

Severed Contract

A contract that has been divided into separate parts, treating each as distinct for purposes of enforcement or breach.

Personal Torts

Legal actions based on claims of injury or harm to an individual's body, emotions, or reputation.

Parental Liability

A legal principle holding parents legally responsible for certain actions of their minor children.