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Answer :
Other things being equal, faster population growth increases physical capital per worker and there is some evidence that it increases the rate of technological advancement.
How much of the increase in productivity is attributable to rising physical capital per worker?
1.5%: The increase in physical capital per employee has added 2.5% to the overall productivity gain of 4%.
Which of the following would boost human capital's productivity?
Given that not all labor is created equal, firms can increase human capital by putting money into the benefits, benefits packages, and training of their staff. People believe that human capital and economic growth, productivity, and profitability are related.
To Know more about technological advancement.
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