Louis Kaiser

Social Studies

10 August, 12:50

14. Which policy would be in the best interests of consumers?

a. increasing tariffs

b. decreasing minimum wage

c. breaking up large companies to increase competition

d. changing loan interest rates to encourage saving rather than borrowing

15. Which statement best explains why division of labor increases labor productivity?

a. Employers can pay workers more money when they get more done.

b. Employers must fire some of their workers so fewer people have to get the work done.

c. Workers learn to do their jobs more quickly when they repeat the same tasks. d. Workers try to work more quickly because their jobs are more boring.