It is understandable that productivity is rising faster in the service sector because service businesses have more and newer technologies than the manufacturing sector and fewer laborers. True or False True False

It is understandable that productivity is rising faster in the service sector because service businesses have more and newer technologies than the manufacturing sector and fewer laborers. True or False True False

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 4E

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Concept explainers

Policy Instruments for Environmental protection

Policy Instruments for Environmental Protection link policy development and decision making to policy implementation to protect the environment and promote sustainable development. Economic growth brings great risk to the environment and often puts increased pressure on environmental resources. But it is the responsibility of the policymakers to ensure that the risk caused to the environment through developmental projects is kept in check. Environmental protection is central to sustainable development. They can be both beneficial and equitable. Environment protection policies can be used to deter environmentally damaging activities. They also improve social equity and raise revenue. 

Question

It is understandable that productivity is rising faster in the service sector because service businesses have more and newer technologies than the manufacturing sector and fewer laborers.
True or False
True
False

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