Productivity declines may worsen recessions by causing unit, Ask an Expert

Economics

Productivity declines may worsen recessions by causing unit labor costs to:

a. rise, thereby resulting in falling profits and lower investment spending

b. rise, thereby resulting in greater retained earnings by firms

c. fall, thereby creating incentives for government intervention

d. fall, thereby reducing consumer spending power

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91675905

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