Which of the following is inconsistent with long-run economic growth?

Question

Quizplus · Accepted Answer

Decreased labor productivity is inconsistent with long-run economic growth because long-run economic growth requires sustained increases in output per worker, and decreased labor productivity suggests the opposite. The other choices are consistent with long-run economic growth in different ways. Recessionary phases can be temporary setbacks in the midst of long-run growth, high inflation can be managed by appropriate monetary policy to still allow for long-run growth, frictional unemployment is a natural result of a constantly evolving economy, and technological changes can be a key driver of long-run growth.

Which of the Following Is Inconsistent with Long-Run Economic Growth