Among the Reasons Cited for the Productivity Slowdown in Our

question 39

Multiple Choice

Among the reasons cited for the productivity slowdown in our society is the

• A) increased rate of incorporating new technology in capital equipment.
• B) change in the composition of both the labor force and national output.
• C) increased rate of growth of the capital-labor ratio.
• D) devotion of too great a share of our resources to research and development.
• E) increase of resource mobility and competitiveness in our market economy.

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Definitions:

Incapacity

A legal status referring to an individual's inability to enter into binding contracts or perform legal acts due to mental disability, age, or other reasons.

Mental Or Physical Defect

A condition that impairs an individual's mental or physical capacity, potentially affecting their ability to perform certain tasks or engage in certain activities.

Legally Binding Contract

An agreement between two or more parties that is enforceable by law, usually requiring an offer, acceptance, and consideration.

Disaffirmance

The legal cancellation or voiding of a contract or agreement, often due to one party's lack of capacity or discovery of a significant mistake.