Ask Question
18 May, 10:22

What happens to productivity in a welfare state when the producers of goods and services are taxed more and more to pay for the welfare state?

Select one:

a. productivity plunges

b. productivity rises

c. productivity remains the same

d. productivity is unpredictable

+1
Answers (1)
  1. 18 May, 10:37
    0
    The correct answer is letter B

    Productivity is the relationship between the amount of what is produced in relation to the inputs used or the amount of time invested in the process.

    It is the result of what is productive, that is, what is produced, what is profitable. It is the relationship between the means, resources used and the final production. It is the result of the ability to produce, to generate a product, the result of work, associated with the technique and the capital employed.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What happens to productivity in a welfare state when the producers of goods and services are taxed more and more to pay for the welfare ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers