Of the following,which is the least likely example of an increase in total factor productivity?
A) the introduction of the assembly line
B) an increase in immigration
C) good weather
D) a reduction in the relative price of energy

Question

Quizplus · Accepted Answer

An increase in immigration primarily affects the labor supply rather than total factor productivity, which is more about improvements in efficiency and technology.

Of the Following,which Is the Least Likely Example of an Increase