23.8k views
16 votes
Which statement accurately explains the relationship between productivity and standards of living?

When productivity decreason, the standard of living increases because workers are able to work longer hours to produce
goods
When productivity increases, the standard of living decreases because income slows.
When productivity decreases, the standard of living decreases because there are fewer goods available for purchase.
When productivity increases, the standard of living increases because income grows.

Smh someone please help

1 Answer

10 votes

when productivity increases, the standard of living increases because income grows.

productivity is directly proportional to the standard of living.

User Michael Hathi
by
4.6k points