Question

Productivity growth rates matter because A. China relies upon high U.S. productivity growth rates to outsource more American jobs. B. the level of growth is a reliable predictor of Democrat or Republican control of Congress. C. if the labor force is highly productive then it will lead to a resurgence of unions. D. productivity growth rates have a big impact on future economic growth.

Answer 1

D. productivity growth rates have a big impact on future economic growth

Step-by-step explanation:

Productivity growth rate is a measure of changes overtime. To measure this changes, we simply calculate the new productivity growth rate and subtract it from a former or previous rate.

productivity growth is used model the productive capacity of economies and also in the determination oftheir capacity utilization rates. From these, economists can forecast business cycles and also predict future levels of GDP growth.