The existence of heavy training costs would provide a rationale ...

[mspears3]

The existence of heavy training costs would provide a rationale for
 
  a. insider-outsider models.
  b. IS-LM models.
  c. sticky price models.
  d. modern efficiency wage models

Question 2

If productivity growth equals 3.0 percent, the contribution from capital growth 1.2 percent and the contribution from labor growth 2.0 percent, then output growth must equal ________.
 
  A) 2.2 percent
  B) 4.2 percent
  C) 6.2 percent
  D) 7.2 percent

[shoemake]

Answer to Question 1

D

Answer to Question 2

C