Policies to encourage productivity do not include ?
Correct answer: A. building more retail outlets
- A. building more retail outlets
- B. encouraging risk-taking
- C. encouraging innovation
- D. encouraging R & D
Explanation
Productivity policies focus on skills, innovation, research and development, investment and incentives for risk-taking. Building more retail outlets may expand distribution but does not directly improve productivity.
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About Macroeconomics
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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