Productivity Growth Is Important Because

question 82

Multiple Choice

Productivity growth is important because:

• A)it is the only way an economy can increase GDP.
• B)a small decrease in productivity growth causes a large decline in GDP.
• C)a large increase in productivity growth causes a small decrease in GDP.
• D)it causes an increase in the quantity of all resources available to an economy.
• E)it ultimately increases a nation's standard of living.

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