Which of the Following Is Cited as a Reason for the Productivity

question 2

Multiple Choice

Which of the following is cited as a reason for the productivity swings in the United States?

• A) a value system that promotes a materialistic philosophy
• B) changes in the rate of growth of the capital-labor ratio
• C) a shift in national output away from services toward goods
• D) the depletion of our natural resources
• E) swings in the balance of trade

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Definitions:

Effective Rate

The actual interest rate on an investment or loan, taking into account the compounding of interest over time.

Effective Rate

The actual rate of interest earned or paid on an investment or loan over a specified timeframe, taking into account the effect of compounding.

Finance Company

A business that provides loans to individuals or corporations, apart from traditional banks, often focusing on areas such as auto financing, personal loans, and leasing.

Effective Rate

The actual interest rate on an investment or loan, taking into account the effects of compounding.