What best characterizes the relationship between wage labor and capital? a) Capital produces wage labor b) wage labor is a trashisorical form of labor c) wage labor produces capital and reproduce itself. d) wage labor created an accumulation of resources for workers.

What best characterizes the relationship between wage labor and capital? a) Capital produces wage labor b) wage labor is a trashisorical form of labor c) wage labor produces capital and reproduce itself. d) wage labor created an accumulation of resources for workers.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter19: Labor And Entrepreneurship: The Human Inputs

Section: Chapter Questions

Problem 4TY

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Question

What best characterizes the relationship
between wage labor and capital?
a) Capital produces wage labor
b) wage labor is a trashisorical form of labor
c) wage labor produces capital and reproduce
itself.
d) wage labor created an accumulation of
resources for workers.

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