The trend path of GDP can change because of efficiency improvements, which can result from
A)decreases in the unemployment rate
B)increases in the rate of capacity utilization
C)changes in knowledge
D)decreases in waste
E)all of the above

Question

Quizplus · Accepted Answer

Efficiency improvements often result from changes in knowledge, such as technological advancements or better management practices, which can shift the trend path of GDP.

The Trend Path of GDP Can Change Because of Efficiency