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Which of the Following Helps Determine the Growth Rate of Potential

question 98

Multiple Choice

Which of the following helps determine the growth rate of potential GDP?
I. capital accumulation
II. technology advances
III. growth in the quantity of money


Definitions:

Merit Pay Plans

Employee compensation plans designed to reward workers based on their performance and contributions to an organization.

Risky Behaviour

Actions undertaken by individuals or organizations that expose them to potential harm or significant loss.

Bonuses

Additional compensation given to employees as a reward for their performance or for meeting certain objectives.

Cost Reduction

Cost reduction involves strategies and actions taken to decrease expenses and improve efficiency in a business or operation, enhancing overall profitability.

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