What are the principal sources of change in productivity growth?
What will be an ideal response?
The principal sources of change in productivity growth are technological advances, worker training and education, government regulation of production, and changes in energy prices.
You might also like to view...
The command economy of World War I (1914–18) possessed which of the following traits?
(a) Decentralized decision-making in the markets (b) The creation of many state agencies (c) Volunteers for the armed forces (d) Centralized decision making by bureaucrats
The real internal rate of return on a college education is about
A) 0%. B) 2.5%. C) 6.9%. D) 15%.
One major challenge of the Canadian National Health Insurance System is
a. there is more access to medical technology in Canada. b. The population density differences in the country. c. the monopsony power of the Canadian provincial health plans in negotiating fees with physicians' associations. d. the fact that there is no large inner-city population in Canada to drive up costs. e. all of the above.
If the face value of a bond is $5,000 and the coupon is $200, what is the interest rate?
What will be an ideal response?