Low productivity will lead to__.
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Higher productivity can lead to: Lower unit costs: These cost savings might be passed onto consumers in lower prices, encouraging higher demand, more output and an increase in employment. ... Economic growth: If an economy can raise the rate of growth of productivity then the trend growth of national output can pick up
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Higher productivity can lead to: Lower unit costs: These cost savings might be passed onto consumers in lower prices, encouraging higher demand, more output and an increase in employment. ... Economic growth: If an economy can raise the rate of growth of productivity then the trend growth of national output can pick up.
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