Productivity growth affects
A) all sectors of an economy.
B) only the manufacturing sector of an economy.
C) only the manufacturing sector of industrialized economies.
D) all sectors of an economy except the service sector.
Correct Answer:
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Q20: Economic growth may understate changes in standards
Q32: Economic growth may understate changes in the
Q33: Economic growth may overstate changes in standards
Q35: The average amount produced per worker is
Q36: Whenever average output produced per worker during
Q38: Other things constant,a higher savings rate
A)leads to
Q39: Productive activity is a reasonable measure of
A)inflation.
B)the
Q40: Other things constant,a lower savings rate
A)leads to
Q41: Labour productivity decreases when
A)the population increases.
B)output remains
Q112: Giving up consumption today for consumption tomorrow
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