Which of the following is most likely to cause the productivity of labor to increase?

Question

Quizplus · Accepted Answer

A higher rate of investment in human and nonhuman capital, such as training, education, technology, and equipment, will increase the productivity of labor by enhancing skills, knowledge, and efficiency. Higher money wages may motivate workers in the short term, but they do not necessarily lead to productivity growth in the long term. Union membership may improve the bargaining power of workers, but it may also create rigid labor markets and reduce incentives for innovation and competition. Flexible working hours and improved retirement plans may enhance the welfare of workers but may not directly affect their productivity.

Which of the Following Is Most Likely to Cause the Productivity