Use the Following to Answer Questions

question 89

Multiple Choice

Use the following to answer questions :
Scenario: Productivity
The economy has grown by 4% per year over the past 30 years. During the same period the labor force has grown by 1% per year and the quantity of physical capital has grown by 5% per year. Each 1% increase in physical capital per worker is estimated to increase productivity by 0.4%. Assume that human capital has not changed during the past 30 years.
-(Scenario: Productivity) Look at the scenario Productivity. How much has technological progress contributed to productivity growth?

• A)1.4%
• B)1.6%
• C)2%
• D)3%

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Definitions:

Leadership Effectiveness

The extent to which a leader successfully achieves desirable outcomes through the direction, support, and empowerment of others.

Gender Differences

Variations in characteristics, roles, behaviors, or preferences typically associated with being male or female.

Education Organizations

Institutions or groups that are dedicated to the delivery, administration, and development of educational programs and learning opportunities.

Leadership Effectiveness

The ability of a leader to achieve desired results or outcomes through the direction, influence, and motivation of followers.