Which of the Following Contribute to Productivity Growth

question 68

Multiple Choice

Which of the following contribute to productivity growth?

• A) the education and experience of the labor force.
• B) investment in plants and equipment.
• C) innovation resulting in new products.
• D) innovation resulting in new processes.
• E) All of the above are correct.

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Definitions:

Socioeconomic Status

A combined measure of an individual's or family’s economic and social position relative to others, based on income, education, and occupation.

Sigmund Freud

An Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Id

In psychoanalytic theory, the part of the personality responsible for basic drives and instincts.

Ego

In Freud’s theory, a set of reactions that try to reconcile the id’s blind pleasure strivings with the demands of reality.