Question on: JAMB Economics - 2023
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A major factor contributing to productivity is
A
Immigration of young workers
B
The labour force
C
The baby boom of generation
D
The rate of GDP per year
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Correct Option: B
A major factor contributing to productivity is the labor force. The effectiveness and efficiency of the labour force play a significant role in determining overall productivity in an economy. Improvements in education, skills, training, and the overall quality of the labor force contribute to increased productivity.
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