From 1950-1970, labor productivity growth in the Soviet Union was driven primarily by
A) capital accumulation.
B) population increases.
C) total factor productivity.
D) Capital, population increases, and total factor productivity contributed about equally to labor productivity growth.
A
Economics
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Governments may exercise moral judgment in levying taxes. Items that are typically excluded include the following, except
a. milk b. bread c. cigarettes d. medicine e. books
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Last quarter in a closed economy GDP was 200,000 . Expenditures on capital goods such as business equipment and structures was 19,000, inventory rose 1,000, and new construction of homes was 8,000 . Consumption was 135,000 and taxes were 32,000 . What was public saving?
a. -4,000 b. -5,000 c. -14,000 d. -6,000
Economics