Asked by Rhonda Golden on May 25, 2024
Verified
Our latest increases in productivity growth can be attributed to
A) computerization.
B) our savings rate.
C) our quality of labor.
D) our educational system.
Productivity Growth
An increase in the efficiency of production in an economy, typically measured by the output of goods and services per unit of input, such as labor or capital, over time.
Computerization
Computerization involves the use of computers and software to perform tasks, manage data, and automate processes in various fields and industries.
- Appreciate the constituents that promote productivity improvement, emphasizing the role of technology and education.
Verified Answer
FR
Fisko RenandiMay 28, 2024
Final Answer :
A
Explanation :
Computerization has greatly increased our efficiency and productivity in various industries. Automation and digitization have enabled us to complete tasks faster and more accurately, leading to increased productivity growth.
Learning Objectives
- Appreciate the constituents that promote productivity improvement, emphasizing the role of technology and education.