Which of the following factors contribute to economicgrowth? a)an increase in the proportion of the population that iscollege educated b)an increase in theaverage wage rate paid to workers c)an increase in thestandard of living d)a decrease in theproductivity of labor
Which of the following factors contribute to economicgrowth? a)an increase in the proportion of the population that iscollege educated b)an increase in theaverage wage rate paid to workers c)an increase in thestandard of living d)a decrease in theproductivity of labor
Chapter17: Income, Poverty, And Health Care
Section: Chapter Questions
Problem 8P
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Question
Which of the following factors contribute to
growth
a)
an increase in the proportion of the population that is
college educated
b)
an increase in the
average wage rate paid to workers
c)
an increase in the
standard of living
d)
a decrease in the
productivity of labor
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