Holding Everything Else Constant,if Total Factor Productivity ________ or If

question 55

Multiple Choice

Holding everything else constant,if total factor productivity ________ or if the labour force growth rate ________ the debt-to-GDP ratio will increase.

• A) increases; increases
• B) increases; decreases
• C) decreases; increases
• D) decreases; decreases

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Definitions:

Energy Consumption

The total amount of energy used by an individual, organization, or society.

Total Fertility Rates

The mean number of offspring a woman is predicted to bear in her lifetime, assuming the current rates of childbirth.

Death Rates

The frequency of deaths in a specific population, typically expressed per 1000 or 100,000 individuals, over a certain period of time.

Productive Resources

The inputs used in the production of goods and services, including land, labor, capital, and entrepreneurship.