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ECO - Total Factor Productivity

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Question;There are several important factors that determine a country?s total factor productivity, the source of sustained increases in labor productivity, which then also increases the standard of living. There are the five factors that determine total factor productivity. This includes:1. Research and development and the Level of Technology2. Quality of Labor3. Government and Social Institutions4. Geography5. The Financial System

 

Paper#56252 | Written in 18-Jul-2015

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