A more rapid rate of growth of productivity can be achieved if
A) the rate of investment in equipment increases.
B) a country's population growth rate rises rapidly, increasing demand.
C) high rates of inflation are maintained.
D) government involvement is eliminated.
E) private saving is discouraged.

Question

Quizplus · Accepted Answer

An increase in the rate of investment in equipment can lead to a more rapid rate of growth of productivity because it allows for more advanced technology and tools to be used, which can increase efficiency and output.

A More Rapid Rate of Growth of Productivity Can Be