Multiple Choice
Which of the following factors is projected to be the dominant source of economic growth in the U.S. from now until 2029?
A) an increase in hours per worker
B) an increase in the labor force
C) an increase in the population
D) an increase in labor productivity
Correct Answer:
Verified
Correct Answer:
Verified
Q47: Labor productivity is measured by<br>A) the ratio
Q48: Modern economic growth is defined as increases
Q49: Critics of economic growth<br>A) contend that growth
Q50: Historically, the total amount of real capital
Q51: Human capital refers to the<br>A) tools and
Q53: Real GDP = worker-hours × labor productivity.
Q54: There is unanimous agreement that economic growth
Q55: Which of the following economic regions has
Q56: Describe the change in productivity that has
Q57: One important growth-promoting institutional structure is the