A combined measure of productivity that takes account of both labor and capital productivity is known as ?

Related Mcqs:

Economic growth is important because ?

A. People want less crime B. People want to be happier C. People want a better environment D. People want higher incomes and more consumer goods....

Identify below what is NOT considered to be a cause of economic growth ?

A. An increase in the quantity of labor and capital B. An increase in labor productivity C. An increase in the money supply D. An increase in technology...

Real business cycles are cycles in ?

A. potential output B. actual output C. real output D. international trade...

The business cycle is not transmitted from one country to another through ?

A. private sector imports and exports B. economic policy C. the duration of compulsory education D. labor supply changes...

The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

A. endogenous B. exogenous C. beta D. convergence...