Across national economies which of the following is the most important source of variation in growth rates?
A)labor growth
B)capital growth
C)productivity growth
D)government regulation

Question

Quizplus · Accepted Answer

Productivity growth is the most important source of variation in growth rates across national economies. This refers to the efficiency with which inputs (such as labor and capital) are used to produce output. Higher productivity can lead to increased output and economic growth. While labor and capital growth can contribute to growth, they are ultimately constrained by productivity levels. Government regulation can also impact growth, but its relative importance may vary depending on the type and degree of regulation.

Across National Economies Which of the Following Is the Most