With Few Exceptions,the Most Important Element of Long Run Growth

question 11

Multiple Choice

With few exceptions,the most important element of long run growth for industrialized nations is

• A) the ability to use the existing capital stock at full capacity
• B) finding enough labor to operate the existing capital stock
• C) adding incrementally to the existing capital stock
• D) enhancing the technology embodied in the capital stock
• E) the ability to export additional output to less developed countries

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Definitions:

Assesses Work

The evaluation or examination of tasks, performance, and effectiveness in a workplace.

Co-Workers

Individuals with whom one shares a work environment and potentially collaborates on tasks or projects.

Orientation

Familiarises new employees with jobs, co-workers and organisational policies and services.

New Employees

Individuals who have recently joined an organization and are in the process of integrating and understanding their roles within the company.