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DiKsa [7]
2 years ago
5

If labor productivity growth slows down in a country, this means that the growth rate in ________ has declined.

Business
1 answer:
FromTheMoon [43]2 years ago
5 0

A decline in the growth rate of labor productivity means that the growth rate in the number of goods or services that can be produced by 1 hour of work has declined.

<h3>What is the labor productivity growth?</h3>

This is used to refer to the growth in the output. This is measured by increase in workers productivity per hour.

It is what causes them to produce more than they would given the number of work hours available.

Read more on labor productivity here:

brainly.com/question/6430277

#SPJ1

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Answer:

The correct answer is the option C: the working-age population to the number of dependents.

Explanation:

On one hand, the <em>dependancy ratio</em> is the name given, in the field of economics, to the term that refer to an age-population ratio that are and are not in the labor force. Moreover, this type of ratio focuses in measuring the pressure that the productive population has over the nonproductive population.

On the other hand, the <em>inverse dependay ratio</em> measures the amount of labor force that has to be provided regarding one dependent person. Therefore that it is understandable that <u><em>the inverse dependency ratio is defined as the reatio of the working-age population to the number of dependents</em></u>.

6 0
3 years ago
The First Church has been asked to operate a homeless shelter in part of the church. To operate a homeless shelter the church mu
uysha [10]

Answer: $1,000

Explanation:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

Therefore, the opportunity cost for operating a homeless shelter is the amount that is received by renting the space of shelter for wedding parties.

Opportunity cost = Average wedding parties per month × Rent per party

                            = 5 × $200

                            = $1,000

8 0
3 years ago
Kurtz Fencing Inc. uses a job order cost system. The following data summarize the operations related to production for March, th
dimulka [17.4K]

Answer:

The solution is shown in the file attached below

Explanation:

Download docx
8 0
4 years ago
Who is Jake from Statefarm??
jek_recluse [69]

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8 0
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The PowerPoint slide master can be found in the view section. To find the slide master, click on the view tab in the PowerPoint presentation and scroll to slide master.

Cheers.

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