Which of the following explanations have been offered as reasons for this change in productivity? Check all that apply.   A. Advances in information technology   B. Lagging investments   C. Inadequate workforce skills

Q: Which of the following does NOT influence growth of labor productivity? discovery of new…

A: Labor productivity refers to the productivity or total output produced by the labor employed.  Labor…

Q: Which of the following best describes what leads to an increase in labor productivity?   Greater…

A: In the labor market, the firms demand labor services in order to produce output. A firm maximizes…

Q: What were the sources of labor productivity growth in the U.S. economy during the sixty years since…

A: 1) During the sixty years since 1960, the sources of labor productivity growth in the U.S economy…

Q: Answer the attached question

A: A. Real GDP per person can be calculated as follows: Real GDP per person=Population employed×Average…

Q: How do we measure labor productivity? How do changes in labor productivity affect the U.S. standard…

A: Labor productivity of a country measures output produced by the country in an hour for a firm it is…

Q: Explain how entrepreneurs and other innovators further technological advance.

A: The market is a place where the buyers and the sellers interact with each other and the exchange of…

Q: When the capital stock per hour worked: Select one: a. increases, labour productivity in increases.…

A: Labor productivity is determined by the level of capital and the level of human capital. Increasing…

Q: Which of the below statements in INCORRECT about "labor productivity"? A) Economies that produce…

A: Answer: Labor productivity: it refers to the output produced per labor hour. Labor productivity is…

Q: Economist believe there is a strong correlation between productivity and the standard of living?…

A: Productivity is the amount of output produced in one hour per worker. Higher productivity implies…

Q: The catch-up effect says that countries with low income can grow faster than countries with higher…

A: According to the catch-up effect theory , the low income eating countries will grow and will finally…

Q: Why is it important to study productivity? How do we determine productivity? Give an example of each…

A: Productivity is a proportion of economic execution that looks at how much labor and products are…

Q: The United States experienced a productivity slowdown from 1973 to 1995.   Which of the following…

A: United states experienced a productivity slowdown from 1973 to 1995.

Q: For a given level of technology, the level of labor productivity would increase in all of the…

A: Labor productivity means the efficiency or productivity by which labor works or produces the output.…

Q: An increase in the amount of human capital in the economy will                          ["decrease",…

A: Human capital refers to the cumulative knowledge, methods, skills, experience, personality…

Q: Productivity is all about quantity of goods and services produced from each unit of labor input…

A: Productivity is the measurement of the output per unit of labor. Productivity shows the efficiency…

Q: Technological change and labor productivity are positively related

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: QUESTION 16 Af 60 per cent of the population in a country is employed and average labour…

A: Labor productivity refers to the output produced per unit labor employed. Number of individuals…

Q: What are the effects of an increase in labor productivity on potential GDP, the quantity of labor,…

A: Gross Domestic Product is the total amount of goods and services that an economy can produce within…

Q: (Labor Productivity) Identify at least four definable periods of labor productivity growth beginning…

A: In the history of United States, labor productivity has changed many times due to changes in the…

Q: South Africa's real GDP was 3,120 billion rand in 2017 and 3,145 billion rand in 2018. South…

A: The real economic growth rate, also known as the real GDP growth rate, is a measure of economic…

Q: Human capital is one of the mnost important factors in achieving a successful model for development.…

A: 1. In the first paragraph, the reference type used is APA in-text citations. In the second…

Q: Which one of the following is not a determinant of productivity?   A greater stock of labor. More…

A: In a market, all the variables thate lead to change the output level and ability of the input…

Q: Which of the following statements about labour productivity (Y/L), also known as the average product…

A: Labour Productivity Labour productivity is defined as actual production per labor hour, and the…

Q: Improvements in their productivity of labor will tend to

A: productivity of labor estimates the hourly result of a nation's economy. In particular, it outlines…

Q: Considering the determinants of productivity, list and explain some things that would tend to…

A: The productivity refers to the efficiency in production of goods and services. It is described as…

Q: Which of the following would be strategies to increse productivity     A.) Invest in accumulating…

A: Productivity refers to the ability  of a firm to use input resources efficiently and to minimize the…

Q: What two factors are the keys to determining labor productivity?the business cycle and the growth…

A: Labor productivity refers to the quantity of good or service a worker or a one hour of work is able…

Q: In economics, How might productivity be measured for each of the following industries ? a.…

A: The measure that depicts how efficiently inputs are being converted into outputs by companies,…

Q: Why is R&D a key factor in productivity improvement? Name some ways R&D contributes to productivity…

A: R&D (Research and Development) is an important factor necessary for growth of every economy…

Q: 1. Technological change and labor productivity are positively related

A: Positive relation: It means that two or more variables move in the same direction.

Q: Use the following data to answer the question below. Malaysia data: The annual growth rate of…

A: Total factor productivity is a metric that compares the output of an industry or economy to the…

Q: Labour-saving technical progress means a) that marginal productivity of capital increases. b) that…

A: Productivity means the ratio of output to inputs. The rise in output increases productivity and the…

Q: All of the following lead to an increase in productivity except for    a. an increase in physical…

A: Productivity is a measure of the efficiency of production. Higher productivity leads to increased…

Q: 56. Which of the following is a cost of economic growth? improvements in technology…

A: Economic growth is a process where production increases which means gross domestic product…

Q: A traditional theory did not include the growth of the labor productivity in the computation of…

A: In the economic matters investigation of the public area, economic and social improvement is the…

Q: Goods made by people in the past and now is used to produce other goods and services is called, a.…

A: In an economy, different types of capital is needed by the organizations during the production…

Q: a)Interpret the data from the table and distinguish the relationship between the two countries.…

A: a. In the initial year 2016, the unemployment is higher than the other years and the unemployment…

Q: 38. The ways to increase labor productivity include a. increasing the capital-labor ratio; b.…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: ductivity growth measures increase in output per hour of work. Output per hour was 54.0 he first…

A: