Suppose output per worker in a country has grown at the same rate as technology for over many years. This country's growth would be described as:
A) "effective" growth.
B) "optimal" growth.
C) "balanced" growth.
D) "diffuse" growth.
E) "appropriable" growth.

Question

Quizplus · Accepted Answer

"Balanced" growth would be the most appropriate description for a country whose output per worker has grown at the same rate as technology for many years. This suggests that the country has been able to maintain a balance between technological progress and growth in output, which is a desirable outcome. The other choices ("effective," "optimal," "diffuse," and "appropriable") do not accurately capture this idea.

Suppose Output Per Worker in a Country Has Grown at the Same