Increases in the Prices of Services Due to Improvement in Its

question 45

Multiple Choice

Increases in the prices of services due to improvement in its quality indicate a(n) _____.

• A) decline in productivity.
• B) decline in real GDP.
• C) increase in output.
• D) decline in manufacturing output.
• E) increase in technological progress.

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Definitions:

Dramatically

In a manner that is strikingly impressive or sudden, often involving significant change or effect.

Organizational

Pertaining to the structure and function of organizations, including their strategies, cultures, and processes that influence performance and operations.

National

Related to or characteristic of a nation; pertaining to the whole country.

Deeply Embedded

Firmly ingrained or thoroughly incorporated into a context, system, or culture, making it difficult to isolate or remove.