If labor productivity growth slows down in a country,this will

Question

Quizplus · Accepted Answer

Labor productivity growth is one of the main factors that contribute to the increase in real GDP per capita. If labor productivity growth slows down, this will result in a slower increase in real GDP per capita. It will not necessarily affect nominal GDP, which is the total value of goods and services produced in a country without adjusting for inflation. Therefore, the best choice is C – slow down the increase in real GDP per capita.

If Labor Productivity Growth Slows Down in a Country,this Will