Factors that contributed to the higher U.S. labor productivity growth in 1995-2010 relative to the earlier period include the following, except
A) microchip and information technologies.
B) new start-up firms and increasing returns.
C) global competition.
D) population growth.
Correct Answer:
Verified
Q212: Reasons for the rise in productivity growth
Q213: Increasing returns in production imply the following,
Q214: Increases in the value of the product
Q215: One major economic benefit of global competition
Q216: A review of the trends in labor
Q218: Labor productivity in the U.S. in the
Q219: Sources of increasing returns that help raise
Q220: Increasing returns would be a situation where
Q221: Total output for an economy is basically
Q222: Leader countries that experience modern economic growth
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