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How are productivity are growth related?
Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.
How does technology affect productivity in an economy?
Usually, new technology will increase productivity in the economy. For example, if you replace a human in a factory with a robot that can work twice as quickly without breaks, productivity would increase.
How are economic growth and productivity related?
Economic growth and productivity are directly related. The more productivity that there is in a nation, the more exponential that the economic growth will be.
What is the important of immogration?
For the economy, it was a boost for labor productivity
How does the assembly line benefit the economy?
helped meet supply and demeand faster It increases productivity
What is a economy sector that uses most petroleum?
a productivity factory <><><> Transportation
Which is not a goal of policy makers pursing to stabilize the economy?
stable productivity
Does raising productivity helps to unlock the potential of a country's economy?
yes
Which is not a goal of policymakers pursuing to stabilize the economy?
Stable productivity is not a goal of policymakers pursuing to stabilize the economy. The economy, broadly defined, is the wealth and resources of a nation.
How does the Bureau of Labor Statistics break down its productivity statistics?
This office produces productivity measures for industries and for major sectors of the U.S. economy.
What caused the US budget deficits?
the deficts of us economy is less productivity
How might democratic reforms and improved trade agreements contribute to a stronger economy in Mexico?
Democratic reform leads to political stability and human development which leads to improve productivity and economy.
