According to the Classical Model, Which Development Does NOT Contribute

question 180

Multiple Choice

According to the classical model, which development does NOT contribute to economic growth?

• A) labor productivity
• B) more capital
• C) technological change
• D) higher interest rates

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Definitions:

Projecting Sales

The process of estimating future sales volumes based on historical data, market analysis, and sales trends.

Employee Training

The organized activity aimed at imparting information and/or instructions to improve the recipient's performance or to help him or her attain a required level of knowledge or skill.

Compensation Plans

Structured pay strategies designed by organizations to reward employees based on their job roles, performance, and achievements.

Employee Recruitment

The process of attracting, screening, and selecting qualified people for a job at an organization.