Which of the Following Has Made the Greatest Contribution to Economic

question 106

Multiple Choice

Which of the following has made the greatest contribution to economic growth over time?

• A)Improved management techniques.
• B)Higher ratios of capital to labor.
• C)Research and development.

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Definitions:

HR Director

A high-level executive responsible for overseeing an organization's human resources department and implementing policies related to employee management and development.

State Unemployment

Government-provided assistance for individuals who have lost their jobs and meet certain eligibility requirements.

Compensation Tax

Taxes applied on income, especially income generated from work or compensation for services.

Labor Department

A government body responsible for overseeing employment laws, workplace safety, and labor statistics.