A Major Effect of the Rise in the Rate of Productivity

question 99

Multiple Choice

A major effect of the rise in the rate of productivity growth in the United States is a(n) :

• A) Rise in the rate of inflation
• B) Rise in the growth of living standards
• C) Increase in the relative prices of U.S. goods in foreign markets
• D) Increase in the competitiveness of U.S. goods in foreign markets