From 1978 to 1995,the rate of growth of output per worker in China appears to be
A)the result of capital accumulation.
B)the result of technological progress.
C)the result of trade barriers.
D)equal to that of the United States.
E) none of the above

Question

Quizplus · Accepted Answer

The rate of growth of output per worker in China from 1978 to 1995 was largely due to technological progress. During this period, China implemented economic reforms that encouraged innovation and the opening up of new markets, leading to increased productivity and output per worker. Capital accumulation and trade barriers also played a role in this growth, but technological progress was the driving factor. The growth rate in China was higher than that of the United States during this period.

From 1978 to 1995,the Rate of Growth of Output Per