Increasing productivity per person:
A) is highly desirable, as it leads to economic growth.
B) is unavoidable, and macroeconomists work to prevent it.
C) can harm an economy if misallocated.
D) is highly undesirable, as it leads to increases in GDP per capita.
Correct Answer:
Verified
Q29: The rule of 70 estimates how long
Q30: If a country grows at an average
Q31: Productivity is generally measured as:
A) output per
Q32: A country's income is:
A) dependent upon how
Q33: Which of the following is generally not
Q35: If a country grows at an average
Q36: The rule of 70 estimates how long
Q37: Increases in productivity per person lead to
Q38: According to the rule of 70, a
Q39: We can calculate how long a country
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