The three pillars of productivity growth does not include an
A)increase in the rate at which the economy builds up its stock of capital.
B)increase in population.
C)increase in the rate at which technology improves.
D)increase in the rate at which workforce quality improves.

Question

Quizplus · Accepted Answer

The three pillars of productivity growth are an increase in the rate at which the economy builds up its stock of capital, an increase in the rate at which technology improves, and an increase in the rate at which workforce quality improves. An increase in population is not traditionally considered a factor in productivity growth, although it can affect overall economic growth.

The Three Pillars of Productivity Growth Does Not Include an