Which of the following is likely to increase the total efficiency units of labor in an economy?
A) An increase in the inflation rate in the economy
B) An increase in the amount of capital available to each worker in the economy
C) An increase in the level of education attained by each worker in the economy
D) An increase in the unemployment rate in the economy

Question

Quizplus · Accepted Answer

An increase in the level of education attained by each worker in the economy enhances their skills and productivity, thereby increasing the total efficiency units of labor.

Which of the Following Is Likely to Increase the Total