The solution is (B). Out of all the above given, overall issue productiveness has the unbounded capacity to feature as much as the long time financial increase.
The required details for total factor productivity in given paragraph
Overall-issue productiveness (TFP), additionally called multi-issue productiveness, is normally measured because the ratio of mixture output (e.g., GDP) to mixture inputs. Under a few simplifying assumptions approximately the manufacturing technology, increase in TFP turns into the part of increase in output now no longer defined with the aid of using increase in historically measured inputs of labour and capital utilized in manufacturing. TFP is calculated with the aid of using dividing output with the aid of using the weighted geometric common of labour and capital input, with the same old weighting of 0.7 for labour and 0.three for capital. Total issue productiveness is a degree of efficient performance in that it measures how tons output may be constituted of a positive quantity of inputs. It debts for a part of the variations in cross-u . s . a . per-capita income.
For rather small percent changes, the fee of TFP increase may be envisioned with the aid of using subtracting increase costs of exertions and capital inputs from the increase fee of output.
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