Author Question: The majority of evidence points to the fact that, in the last decade in the United States, labor ... (Read 93 times)

evelyn o bentley · **on:** Jun 30, 2018

The majority of evidence points to the fact that, in the last decade in the United States, labor productivity has

A) stayed the same.
B) increased.
C) decreased in the manufacturing sector but increased in the service sector.
D) decreased.

Question 2

All of the following are assumptions of the classical model EXCEPT

A) inflexible wages. B) self-interest of economic actors.
C) pure competition. D) absence of money illusion.