Productivity growth:

Question

Quizplus · Accepted Answer

Productivity growth has been associated with growing aggregate employment as more productive firms are able to expand their operations and hire more workers. This is supported by historical evidence, which shows that productivity growth has been accompanied by rising employment levels in many countries over time. Additionally, economic theory suggests that productivity growth can lead to overall gains in national income and welfare, which can in turn create new opportunities for job creation in various industries. Thus, the correct answer is B.

Productivity Growth