To achieve a high rate of economic growth, an economy should make which of the following a major macroeconomic goal?

Question

Quizplus · Accepted Answer

Increasing productivity is a major macroeconomic goal that can lead to sustained economic growth. Higher productivity allows for increased output per worker, leading to an increase in Gross Domestic Product (GDP) and overall economic growth. Lowering the long-run trend of the business cycle, reducing birthrates, reducing investment in human capital, and reducing average work hours may have some impact on economic growth, but they are not major macroeconomic goals that are directly related to achieving sustained economic growth.

To Achieve a High Rate of Economic Growth, an Economy