Which of the Following Is Hypothesized to Explain the Reduction

question 30

Multiple Choice

Which of the following is hypothesized to explain the reduction in the rate of technological progress?

• A)measurement error
• B)the increase in the size of the service sector
• C)a reduction in R&D spending
• D)all of the above
• E) none of the above

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Definitions:

Payroll Register

A document that summarizes the earnings, deductions, and net pay of all employees for a specific payroll period.

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used as a financial or accounting period.

Gross Pay

The entire sum an employee receives in earnings before any taxes or deductions are subtracted.

Deductions

Amounts subtracted from an employee's gross income to calculate taxable income, or expenses subtracted from gross revenue in accounting to determine net income.