Which of the following is true of an increase in labor productivity in an economy a. It

Chapter 0, Problem 53

(choose chapter or problem)

Which of the following is true of an increase in labor productivity in an economy?

a. It will shift the long-run aggregate supply curve to the left.

b. It will decrease the wages of workers.

c. It will reduce the size of the labor force.

d. It will shift the production possibilities curve outward.

e. It results from a decrease in the availability of capital.