What is the likely effect on a country's labor productivity if there is significant investment in technology and employee training? A. Labor productivity will decrease. B. Labor productivity will remain unchanged. C. Labor productivity will increase. D. Labor productivity will first increase, then decrease over time.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter16: Economic Growth
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Problem 14E
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What is the likely effect on a country's labor
productivity if there is significant investment
in technology and employee training?
A. Labor productivity will decrease.
B. Labor productivity will remain unchanged.
C. Labor productivity will increase.
D. Labor productivity will first increase, then
decrease over time.
Transcribed Image Text:What is the likely effect on a country's labor productivity if there is significant investment in technology and employee training? A. Labor productivity will decrease. B. Labor productivity will remain unchanged. C. Labor productivity will increase. D. Labor productivity will first increase, then decrease over time.
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