38. The ways to increase labor productivity include a. increasing the capital-labor ratio; b. increasing the labor force participation rate; c. increasing human capital; d. both a and c are ways of increasing labor productivity.

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38. The ways to increase labor productivity include
a. increasing the capital-labor ratio;
b. increasing the labor force participation rate;
c. increasing human capital;
d. both a and c are ways of increasing labor productivity.
39. Shortcomings and costs of the fractured American transportation system at the beginning of
the long nineteenth century include
a. long transport times;
b. irregular service;
c. reduced consumer welfare because of lack of choice;
d. Both a andc are correct.
e. a, b and c are all correct.
Transcribed Image Text:38. The ways to increase labor productivity include a. increasing the capital-labor ratio; b. increasing the labor force participation rate; c. increasing human capital; d. both a and c are ways of increasing labor productivity. 39. Shortcomings and costs of the fractured American transportation system at the beginning of the long nineteenth century include a. long transport times; b. irregular service; c. reduced consumer welfare because of lack of choice; d. Both a andc are correct. e. a, b and c are all correct.
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