Which of the Following Factors Is Projected to Be the Dominant

question 90

Multiple Choice

Which of the following factors is projected to be the dominant source of economic growth in the U.S. from now until 2020?

• A) Increase in hours per worker
• B) Increase in labor force
• C) Increase in population
• D) Increase in labor productivity

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Definitions:

Elective Surgical Procedure

A surgery that is scheduled in advance because it does not involve a medical emergency.

Equilibrium Price

The cost at which the amount of a product or service that buyers want matches the amount that sellers provide, resulting in a balanced market situation.

Immediate Price

The current price of a good or service at which it can be bought or sold instantly.

Medical Technology

The application of organized knowledge and skills in the form of devices, medicines, vaccines, procedures, and systems developed to solve a health problem and improve quality of lives.