If the pre-conditions for growth are in place,the pace of productivity growth is influenced by i.physical and human capital growth.
Ii)echnological advances.
Iii)the amount of government incentives for investment.

Question

Quizplus · Accepted Answer

The statement mentions that physical and human capital growth as well technological advances are pre-conditions for growth, therefore i and ii are necessary factors for productivity growth. The amount of government incentives for investment may also have an impact on productivity growth, but it is not mentioned as a necessary pre-condition for growth. Therefore, the correct answer is choice letter B (i and ii).

If the Pre-Conditions for Growth Are in Place,the Pace of Productivity