Which of the following is an example of a cost incurred in generating higher levels of GDP per capita?
A) A high level of investment in infrastructure.
B) An increase in worker productivity from improved health and education services.
C) A high number of hours worked per week.
D) An increase in innovation that aids the development of new products.

Question

Quizplus · Accepted Answer

A high number of hours worked per week is a cost incurred in generating higher levels of GDP per capita because it reflects the effort and time sacrifice made by the workforce to increase output, potentially at the expense of leisure time and personal well-being.

Which of the Following Is an Example of a Cost