Labor Productivity, Real GDP Per Labor Hour, Increases If

question 54

Multiple Choice

Labor productivity, real GDP per labor hour, increases if

• A) new technologies are continuously discovered.
• B) saving and investment cause an increase in the quantity of capital per worker.
• C) there is an increase in the accumulation of human capital.
• D) All of the above answers are correct.

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Definitions:

Engaging

The act of capturing interest or involvement, often by being interesting, compelling, or attractive, to gain active participation or attention.

Self-exploration

The reflective process of examining one's own thoughts, emotions, motivations, and behaviors to gain deeper insight and understanding of oneself.

Relational Dynamics

The patterns and processes that characterize interactions and relationships between individuals or groups.

Reactance Theory

A psychological concept suggesting that people often have negative reactions to being forced or pressured to change their behavior, feeling a need to regain control or freedom.