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AP® Macroeconomics

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Labor Productivity Determinants

APMACR-JXTVT1

Suppose a new chemical process allowed a cheese manufacturer to produce cheese in higher quantities at the same quality.

Which of the following choices represents the labor productivity determinant that matches that gain?

A

Allocative Efficiency

B

Productive Efficiency

C

Education and Training

D

Quality of Capital

E

Technological advancement