Question

Which of the following is a normative statement about economic growth?

a-Economic growth is associated with higher labor productivity growth.

b-Economic growth increases GDP per capita.

c-Economic growth hurts developing countries.

d-Foreign direct investment stimulates economic growth.

Answer 1

a-Economic growth is associated with higher labor productivity growth

Step-by-step explanation:

• The normative investment about the economic growth is typically present as an opinion based analysis in terms of what is thought to be desirable and economists commonly refer to as a form of positive economic and changes in the values may be partly scientific and some of the values may be shown as non-basic judgments.

• The labor productivity and economic growth ie the sustained long-run economic growth come s for the increased worker productivity that essentially means you can do more at the same time.