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Question 30
1 Point
An economy’s rate of productivity growth is closely linked to the growth rate of its although the two arent idenitical.
(A) GNP
(B) cutbut
© GDP per capita
(D) technalogy

Ask by Young Boyd. in the United States
Mar 30,2025

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The correct answer is GDP per capita.

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An economy’s productivity growth is largely influenced by advancements in technology, which drive efficiency and innovation. When businesses implement new technologies, they often see significant improvements in productivity, leading to a more robust economy. This can create a ripple effect, fueling job creation and higher wages, making the economy more vibrant and competitive.
In practical terms, this means that countries investing in research and development tend to experience faster growth rates. They also attract talent and investment, building a stronger economic foundation for the future. So, as technology evolves, so does the landscape of productivity—exciting, isn’t it?

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