Productivity Is More Difficult to Improve in the Service Sector

question 62

True/False

Productivity is more difficult to improve in the service sector.

---

Definitions:

Standard Deviation

A measure of the dispersion or variability of a set of data points or investment returns, indicating the degree of risk or volatility.

Risk-Free Asset

An investment with a guaranteed return and no risk of financial loss, typically represented by government bonds.

Capital Allocation Line

A line that graphically represents the risk-versus-return profile of risky assets, and indicates the optimal portfolio of risky and risk-free assets.

Risk-Free Asset

An investment with a guaranteed return and no risk of financial loss, often represented by government bonds.