Which of the following is likely to cause an increase in labour productivity?
A) a decline in student achievement scores
B) a service sector that is growing as a percentage of GDP
C) decreased spending on research and development
D) increases in capital formation

Question

Which of the following is likely to cause an increase in labour productivity?  
A) a decline in student achievement scores 
B) a service sector that is growing as a percentage of GDP 
C) decreased spending on research and development 
D) increases in capital formation

Quizplus · Accepted Answer

Increases in capital formation, such as investing in new equipment and technology, can lead to a more efficient and productive workforce, thereby increasing labour productivity. The other choices are not directly related to labour productivity.

Which of the Following Is Likely to Cause an Increase