The Only Way Standard of Living Can Increase Is Through

question 137

True/False

The only way standard of living can increase is through increases in labor productivity.

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Definitions:

Major Barrier

A significant obstacle or hindrance that prevents or impedes progress toward achieving a goal or objective.

Openness

A personality trait characterized by a willingness to experience new ideas, imaginative thought, curiosity, and a broad range of interests.

Channel Richness

Indicates the capacity of a channel to convey information.

Sense Of Security

A feeling of safety and stability that comes from believing that one is protected from harm and risk.