Question

Which of the following statements is false? a. Productivity is expected to improve as more economic activity is transferred to the Internet. b. Increased productivity can lead to higher manufacturing costs. c. Increased productivity is a concern for nations throughout the world. d. One way to reduce costs is to increase productivity. e. Productivity growth enables American business firms to compete more effectively with other nations in a competitive world.

Answer 1

Answer:

d. One way to reduce costs is to increase productivity.

Explanation:

• Productivity is measured through the output per unit f input in terms of labor capital and other resources and is calculated for the economy as a whole. Productive s a key source of competitiveness and is expected to improve as the economic activity rises. It enables firms to compete more efficiently and effectively in the market.