Potential GDP per labor hour can increase due to
A: increases in labor productivity.
B: increases in the quantity of money.
C: increases in population.
D: decreases in the quantity of capital.
A: increases in labor productivity.
B: increases in the quantity of money.
C: increases in population.
D: decreases in the quantity of capital.
举一反三
- Because the productivity of labor decreases as the quantity of labor employed increases, A: the quantity of labor a firm demands increases as the real wage rate decreases. B: the quantity of labor a firm demands increases as the money wage rate decreases. C: the labor demand curve shifts right as the real wage rate decreases. D: the aggregate production function shifts upward as the real wage rate decreases.
- In the labor market, an increase in labor productivity ________ the real wage rate and ________ the level of employment. A: raises; increases B: raises; decreases C: lowers; increases D: lowers; decreases
- When the interest rate falls in the money market, the quantity of money demanded ________ and the quantity of money supplied ________. A: increases; decreases B: decreases; increases C: stays the same; decreases D: increases; stays the same
- An increase in saving that leads to more capital accumulation ________ labor productivity. A: increases B: does not change C: decreases D: probably changes but in an ambiguous direction
- Inflation occurs when: （ ） A: the stock of goods and services increases and the quantity of money in circulation decreases. B: the money supply decreases and the output increases. C: output increases faster than the money supply. D: the quantity of money in circulation rises faster than the stock of goods and services.