What is the key factor in maintaining a high standard of living according to the video?
Growing productivity creates more products at lower prices

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government subsidies
Higher taxes
Increased productivity
More leisure time
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which combination is essential for achieving greater productivity?
Manual labor and traditional methods
Skilled manpower and managerial expertise
Increased working hours and fewer breaks
Machines and unskilled labor
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has production changed over the past dozen years?
It has doubled
It has tripled
It has remained the same
It has decreased significantly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the results of increased productivity?
Fewer goods available
More goods available at affordable prices
Higher prices for goods
Decreased quality of goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who benefits from the increased variety of goods produced?
A limited number of people
More people
Only the wealthy
Only the producers
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