Which of the following has not been a major factor contributing to the high productivity of labor in the United States?
A) high wage rates
B) technological advancement
C) education and training of workers
D) high levels of capital investment

Question

Quizplus · Accepted Answer

High wage rates can actually lead to lower productivity as employees may be less motivated to work efficiently. The other factors listed (technological advancement, education and training of workers, high levels of capital investment) have all been major contributors to the high productivity of labor in the United States.

Which of the Following Has Not Been a Major Factor