Labour productivity growth can be attributed to:

Question

Quizplus · Accepted Answer

Labour productivity growth is directly related to technological advancements. As technology improves, workers are able to produce more goods and services in a shorter amount of time, thus increasing overall productivity. Decline in university attendance (B) and increase in population growth (C) may have some impact on productivity but are not directly linked to it. Similarly, decline in physical capital per worker (D) is likely to reduce productivity rather than enhance it.

Labour Productivity Growth Can Be Attributed To