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simple， but its implications are far-reaching.if productivity is the primary determinant of living standards，other explanations must be of secondary importance.for example，people might think that labor unions or minimum-wage laws contributed to the rise in living standards of american workers over the past century.yet the real hero of american workers is their rising productivity. the relationship between productivity and living standards also has great implications for public policy.when thinking about how any policy will affect living standards，the key question is how it will affect our ability to produce goods and services.to improve living standards，policymakers need to raise productivity by ensuring that workers are well educated，have the tools needed to produce goods and services，and have access to the best available technology. / 46.which of the following countries has enjoyed the fastest economic growth in history？ a.mexico. b.the united states. c.japan. d.south korea. 47.the word“meager”in the second paragraph is closest in meaning to “ _________ ”。 a.modest b.poor c.meaningless d.plentiful 48.what is the most important factor that leads to the rise in living standards of average people？ a.labor unions. b.minimum-wage laws. c.rising productivity. d.favorable public policy. 49.the study of the relationship between productivity and living standards is significant in that _________. a.it calls policymakers‘ attention to a qualified work force b.it encourages workers to get better education c.it helps improve the workers‘ ability to produce goods and services   |
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