Increasing Average Labour Productivity Is Important to the Economy Because

question 147

Multiple Choice

Increasing average labour productivity is important to the economy because

• A) without it,real GDP per person cannot increase.
• B) without it,real GDP per person must decrease.
• C) it is a key to improving living standards in the long run.
• D) the fraction of the total population that is employed is constant over time and,thus,real GDP per person is solely dependent upon average labour productivity.
• E) it implies more resources are being employed to produce less output.

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Definitions:

Protein Digestion

The process by which proteins are broken down into simpler forms, like amino acids, through enzymatic action in the digestive system.

Optimal Temperature

The temperature at which a particular enzymatic or physiological process occurs at its fastest rate.

Enzyme Activity

The process by which enzymes act as catalysts to enable or accelerate biochemical reactions.

Chemical Digestion

The process of breaking down food into smaller molecules through enzymatic action in the digestive system.