What actionable steps are required to boost per capita GNP and GDP____________?
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Answer: B. increase productivity
Explanation
Raising per capita output requires producing more goods and services per available unit of input. Productivity growth allows an economy to generate higher income and wealth for every individual worker. Without enhanced productivity, sustainable long term increases in per capita income remain entirely impossible. Per capita GNP measures total national economic output divided evenly by the total population count. Productivity depends on technological advancement, workforce education, capital investment, and efficient organizational methods. Economic output expands when workers utilize better tools and processes to complete tasks.
Nations focus on technological innovation and worker training to stimulate economic growth and raise living standards. Businesses invest in advanced machinery to maximize output and remain competitive in global markets. Improving national productivity helps reduce poverty and increases overall societal wealth and prosperity. Earning more money through inflation does not create real economic growth or lasting productivity increases. Increasing absenteeism reduces overall workforce output and harms national economic productivity and growth. Decreasing productivity lowers total economic output and directly reduces per capita GNP and GDP.
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