Author Question: Which of the following will be true if employment grows faster than the population as a whole? a. ... (Read 35 times)

kwoodring · **on:** Jun 30, 2018

Which of the following will be true if employment grows faster than the population as a whole?
a. Output per capita will increase faster than productivity per worker.
b. The standard of living will increase.
c. Output per capita and productivity per worker will grow at an equal pace.
d. Output per worker and productivity per worker will remain unaffected.
e. Output per capita will increase at a diminishing rate.

Question 2

If a steel company and an ice cream company decide to merge, this merger would be classified as:
a. a horizontal merger.
b. a vertical merger.
c. a conglomerate merger.
d. either a horizontal or vertical merger, depending on the nationality of the companies.
e. either a horizontal or vertical merger, depending on the market shares of the two companies.