The most important thing about higher labour productivity is that it means
A) we are doing better than anyone else.
B) we can compete well with other nations.
C) we can achieve a happier population.
D) we can have a higher standard of living.
Correct Answer:
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Q16: Economic growth
A)is sustainable with the help of
Q17: Increases in per-capita GDP are commonly referred
Q18: The slower economic growth is,the
A)flatter the slope
Q19: If real per capita GDP growth is
Q20: Real GDP is a serviceable measure of
A)economic
Q22: The majority of evidence points to the
Q23: Whenever average output produced per worker during
Q24: Labour productivity is
A)the average amount produced times
Q25: An increase in output per unit of
Q49: Economic growth may overstate changes in the
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