Asked by
Sharay Jones
on Oct 12, 2024Verified
One way to ensure productivity growth would be to
A) restrict immigration.
B) raise the savings rate.
C) increase military spending.
D) slow the introduction of new technology.
Productivity Growth
An increase in the efficiency of producing goods or services within an economy, often leading to more output for the same amount of inputs.
Raise Savings
Encouraging or implementing strategies to increase the amount of money that individuals or entities set aside for future use rather than spending immediately.
- Gain insight into how technological innovations influence productivity levels.
Verified Answer
BS
Learning Objectives
- Gain insight into how technological innovations influence productivity levels.