The Growth in Labour Productivity Depends on One Main Factor

question 65

True/False

The growth in labour productivity depends on one main factor - technological progress.

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Definitions:

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to determine per share price.

Dividend Income Distributions

The payment of earnings declared by a company to its shareholders, typically in the form of cash or additional shares.

Net Asset Value

The value per share of a mutual fund or an exchange-traded fund (ETF), calculated by dividing the total value of all the securities in the portfolio, minus any liabilities, by the number of shares outstanding.

Year-End Assets

The total value of all assets held by an individual or entity at the conclusion of a financial year.