n the short term and with almost full employment, it is most realistic to increase GDP / per capita by:   a. Employees move to sectors with higher labor productivity b. Labor productivity becomes higher, e.g. through increased investment and better education c. Taxes are reduced so that it pays to work harder d. The state supports industries with highly expected growth potential

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 25CTQ: Cross country comparisons of GDP per capita typically use purchasing power parity equivalent...
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In the short term and with almost full employment, it is most realistic to increase GDP / per capita by:

 

a. Employees move to sectors with higher labor productivity

b. Labor productivity becomes higher, e.g. through increased investment and better education

c. Taxes are reduced so that it pays to work harder

d. The state supports industries with highly expected growth potential

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