How Does Research and Development Contribute Most to Productivity Growth

question 45

Multiple Choice

How does research and development contribute most to productivity growth?  

• A) through its effect on quantity of labour available 
• B) through its effect on quantity of capital goods available 
• C) through its effect on quality of labour available 
• D) through its effect on quality of capital goods available

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Definitions:

Sarbanes-Oxley

Legislation aimed at enhancing corporate governance and strengthening the accuracy and reliability of corporate disclosures.

Financial Overhaul

Comprehensive restructuring of the financial regulations and systems to improve their efficiency and stability.

Profit

The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes.