It Is Possible for an Economy to Become More Productive

question 33

Multiple Choice

It is possible for an economy to become more productive and per-capita output to increase if

• A) new ideas are generated.
• B) inventions are developed.
• C) technology is improved.
• D) all of the above

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Definitions:

CPM

An advertising metric that stands for Cost Per Thousand (Mille) impressions, measuring the cost of displaying an ad to a thousand viewers.

TV Commercial

A short, attention-grabbing video advertisement broadcast on television, intended to inform, persuade, or remind viewers about a product or service.

CarMax

A used car retailer based in the United States, known for its large inventory and no-haggle pricing model, aiming to simplify the car buying and selling process.

Verizon

An American multinational telecommunications company known for its wireless services and products.