It is most practical to raise GDP per capita in the short term and with almost full employment by: a. Staff members transfer to industries with higher labor productivity b. Labor productivity increases, for instance, as a result of increased investment and improved educati c. Taxes are decreased so that working harder pays off. d. The state supports sectors of the economy with strong growth prospects.
It is most practical to raise GDP per capita in the short term and with almost full employment by: a. Staff members transfer to industries with higher labor productivity b. Labor productivity increases, for instance, as a result of increased investment and improved educati c. Taxes are decreased so that working harder pays off. d. The state supports sectors of the economy with strong growth prospects.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![It is most practical to raise GDP per capita in the short term and with almost full employment by:
a. Staff members transfer to industries with higher labor productivity
b. Labor productivity increases, for instance, as a result of increased investment and improved education
c. Taxes are decreased so that working harder pays off.
d. The state supports sectors of the economy with strong growth prospects.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0978bcec-2d72-4ce9-b4c7-9d232700ab7f%2F4b9d2d32-7b0a-41d5-9afa-f5870d6b96c1%2F4imjjgo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:It is most practical to raise GDP per capita in the short term and with almost full employment by:
a. Staff members transfer to industries with higher labor productivity
b. Labor productivity increases, for instance, as a result of increased investment and improved education
c. Taxes are decreased so that working harder pays off.
d. The state supports sectors of the economy with strong growth prospects.
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