Question

An article in the Gotham Times states that the stock of capital and the workforce in Gotham are both increasing at an annual rate of percent. The same article states that real output is growing by percent. This is possible in the long run because the economy is experiencing an increase in​ ____________.

Answer 1

Productivity growth.

Step-by-step explanation:

An report in the Gotham occasions reports that Gotham's economic output and population are now rising at a 6 percent interest growth. The very same article notes that 12 percent of actual production is increasing.

In the long term, this is likely since the economy is seeing a rise in economic growth.