Suppose a country reduces restrictions on how many hours people can work. If reducing these restrictions increase

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Suppose a country reduces restrictions on how many hours people can work. If reducing these restrictions increase the total number of hours worked in the economy, but all other factors that determine output are held fixed, then

a. productivity falls and output rises.
Selected:b. productivity rises and output falls.This answer is incorrect.
c. productivity and output both rise.
d. productivity and output fall.

Related Book For answer-question

Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

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Posted Date: Feb 07, 2024 06:08 AM

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Suppose a country reduces restrictions on how many hours people can work. If reducing these restrictions increase

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Financial Management for Public Health and Not for Profit Organizations

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