All of the following lead to an increase in productivity except for    a. an increase in physical capital b. an increase in the size of the labor force c. an advance in technological knowledge d. an increase in human capital

Q: A nation can achieve higher economic growth if: Question options: a) the productivity of labor…

A: Economic growth refers to an increase in the real value of the aggregate output produced by an…

Q: Which best describes economic growth? a) increase in labor force participation rate b) a decrease…

A: When real GDP increases for longer time.It best describes economic growth.

Q: If a nation’s productivity grows by 3 percent rather than 1.5 percent over many years, what will be…

A: A nation's productivity refers to the level of production that the economy is able to achieve with…

Q: In the long run, what will be the source of a country’s economic growth? a. Labor laws b. Labor…

A: Long run in the sense, there would be no fixed costs and only variable costs would be there.

Q: if a nation has a population of 100 million, a labor force of 60 million, GDP of $100 billion , then…

A:

Q: What is the “productivity puzzle” and how is it linked to economic growth?

A: Productivity is an economic concept that refers to the calculation of output per unit of input. It…

Q: What is the true meaning of Economic Development? How can it influence productivity in a country?…

A: True meaning of Economic Development Economic and social growth is the mechanism by which a…

Q: Considering the determinants of productivity, in a few paragrahps list and explain some things that…

A: The efficiency with which the different resources are utilized with a country's economy to produce…

Q: the growth rate of potential GDP is not affected by a. the growth rate of nation's capital stock…

A: Potential GDP is the anticipated GDP that would be experienced if an economy is at full employment.…

Q: Why is it important to study productivity? How do we determine productivity? Give an example of each…

A: Productivity is a proportion of economic execution that looks at how much labor and products are…

Q: 20. In recent years, many DVCS have come to realize that A. private capital investment is essential…

A: IAC or Industrially advanced countries are those countries that have a high level of per capita…

Q: In the long run, what will be the source of a country’s economic growth? a. Labor costs b. Labor…

A: Human capital is what makes long-run economic growth possible.

Q: Productivity varies across countries because of differences in (Check all that apply) O A. physical…

A: Productivity is the output produced per unit of input. Different countries have different amounts of…

Q: Economic growth

A: Economic generally agreed that economic development and growth are influenced by four factors:-…

Q: Which of the following causes economic growth? (A A decrease in the money supply A decrease in the…

A: * SOLUTION :-  (7)   From given information  The OPTION E is correct answer.

Q: Which is NOT a source of productivity growth?

A: Firms try to increase productivity with various method.

Q: In the mid-1990s, it appeared that productivity growth increased substantially in the U. S, economy.…

A: The economy of the United States of America (US) experienced around 25 years of sluggish gains…

Q: Considering the determinants of productivity, can you list and explain some things that would tend…

A: There are four determinants of productivity: 1) Human capital 2) Natural resources 3) Technological…

Q: Improvements in their productivity of labor will tend to

A: productivity of labor estimates the hourly result of a nation's economy. In particular, it outlines…

Q: improvement in the productivity of labor will tend

A: The productivity of labor refers to the number of goods and services produced by the labor at a…

Q: (a) Total output per hour in each year (b) Growth rate in output per hour in each year (c)…

A: Productivity of labor is the output produced by labor in given period of time.  Productivity can be…

Q: To improve problems with the economy, the government must reduce regulations and legal requirements…

A: LIBERALS are those who believe in governmental action for the achievement of equal opportunity and…

Q: Define economic growth and explain what it means in terms of standards of living

A: Standard of living alludes to the degree of riches, solace, material merchandise, and necessities…

Q: Explain about the positive relation between growth rate and standard of living of a country.

A: Economic growth is the rise in an economy's production of goods and services. The rise in capital…

Q: How are businesses affected by economic growth and what can governments do to create a stable rate…

A: Economic stability: Economic stability empowers other large-scale financial goals to be…

Q: With three economies, each of which has a GDP per capita of $100. Trend growth in these economies is…

A: GDP per capita is measured as the ratio of total gdp and population . it shows how a person earn…

Q: Which is NOT a source of convergence of GDP (Gross Domestic Product) per capita between rich and…

A: The convergence of GDP (Gross Domestic Product) per capita between rich and poor countries means…

Q: Which of the following statements about economic growth is false Select one: O a. Economic growth…

A: Economic growth refers to the situation when an economy generated relatively more output than…

Q: WHAT ARE ALL THE SOURCES OF LONG TERM ECONOMIC GROWTH

A: Economic Growth is referred to as increase in the production of various goods and services in an…

Q: What is the GDP growth rate? What is GDP per capita growth rate? What is the productivity growth…

A: Definition of. GDP per hour worked. GDP per hour labored is a degree of hard work productivity. It…

Q: List and discuss at least three significant contributions a government can make toward a country's…

A: Economic growth refers to an increase in the aggregate output that is produced in an economy. With…

Q: onomic gro

A: The non economic factors are : 1. Human Resources  They are considered to be an important factor in…