Increases in productivity are not responsible for increased standards of living in the United States.

Name: Increases in productivity are not responsible for increased standards of living in the United States.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Increases in productivity, which allow for more goods and services to be produced per hour of work, are a key factor in raising standards of living in the United States by enabling higher wages, lower prices, and more investment in public goods.

Increases in Productivity Are Not Responsible for Increased Standards of Living