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Author Question: The most important thing about higher labor productivity is that it means A) we can compete well ... (Read 80 times)

abern

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on: Jun 30, 2018
The most important thing about higher labor productivity is that it means
 
  A) we can compete well with other nations. B) we are doing better than anyone else is.
  C) we can achieve a happier population. D) we can have a higher standard of living.

Question 2

What is measured on the horizontal axis when we draw a graph of the long-run aggregate supply curve?
 
  A) production of consumer goods B) real GDP
  C) production of capital goods D) the price level


adammoses97

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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