Which of the following best describes the rate of growth in productivity in the United states over the last fifty years ?

Related Mcqs:

The opportunity cost of growth is ?

A. a reduction in current investment B. a reduction in current consumption C. a reduction in taxes D. a reduction in current saving...

Which of the following statements is true ?

A. Countries all have the same growth rate and level of output because any country can obtain the same factors of production B. Countries have great variance in both the level and growth rate of GDP/person thus poor countries can become relatively rich over time C. Countries may have different level of GDP/person but they … Which of the following statements is true ?Read More...

Which of the following describes an increase in technological knowledge ?

A. A farmer sends his child to agricultural college and the child returns to work on the farm B. A farmer hires another day laborer C. A farmer buys another tractor D. A farmer discovers that it is better to plant in the spring rather than in the fall...

Our standards of living is most closely related to ?

A. how hard we work: B. our supply of capital because everything of value is produced by machinery C. our productivity because our income is equal to what we produce D. our supply of natural resources because they limit production...

Which of the following government policies is least likely to increase likely to increase growth in Africa ?

A. increase expenditure on public education B. eliminate civil war C. All of these answers would increase growth D. increase restrictions on the importing of American tractors and electronics...