A. the demand curve for accountants to shift to the right, since the productivity of accountants has increased
B. firms to move up their demand curves for accountants
C. the demand curve for accountants to shift to the left, since it requires fewer accountants than it did before to do the same amount of work.
D. firms to move down their demand curves for accountants
Related Mcqs:
- A combined measure of productivity that takes account of both labor and capital productivity is known as ?
A. total exploitation
B. labour/capital productivity
C. total factor productivity
D. total productivity - For a given level of technology, we should expect an increase in productivity within a nation when there is an increase in each of the following except ?
A. labor
B. physical capital/worker
C. human capital/worker
D. natural resources/worker - In the 1980s economists studying the source of growth observed no positive relationship between information and communications technology (ICT) investments and productivity This is known as ?
A. Solow residual
B. productivity paradox
C. technological followership
D. Stieglitz discrepancies - Productivity can be increased by ?
A. improving the education of workers
B. raising union wages.
C. raising minimum wages.
D. restricting trade with foreign countries. - You can see the computer age everywhere but, in the productivity, statistics is a attributed to which economist ?
A. Dale Jorgenson
B. Joseph Stieglitz
C. Robert Solow
D. Theodore W. Schultz - -7-+47-+45-+-+Since people respond to incentives, we would expect that if the average salary of accountants increases by 50% while the average salary of teachers increase by 20% then ?
A. Fewer students will take degree courses in education and more will take accounting courses.
B. fewer students will take degree courses in education and more will take accounting courses
C. fewer students will attend university
D. None of these - Engineers for the All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases?
A. average costs to remain constant
B. average costs to decrease
C. average costs to increase
D. marginal costs to increase - According to the paradox of thrift increased efforts to save will cause ?
A. an increase in income and an increase in overall saving
B. a decrease in income and an overall decrease in saving
C. a decrease in income but an increase in saving
D. an increase in income but no overall change in saving - According to the asset market approach increased investor confidence in the Mexican economy would cause the peso to ?
A. appreciate because of an increase supply of peso denominated assets
B. depreciate because of an increased supply of peso denominated assets
C. appreciated because of an increased demand for peso denominated assets
D. depreciated because of an increased demand for peso denominated assets - According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?
A. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
C. aggregate supply will increase will increase aggregate output will increase and the price level will increase
D. both aggregate supply and demand will increase will increase and the price level will increase
