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A state wants to increase its per capita income. Which policy would be most effective in achieving this goal?

ALowering taxes on all goods and services.

BInvesting in education and technology to boost productivity.

CEncouraging a higher birth rate.

DReducing government spending across all sectors.

Answer:

B. Investing in education and technology to boost productivity.

Read Explanation:

  • By investing in education and technology, a state can improve the skills of its workforce, leading to higher productivity and, in turn, higher incomes and GSDP.


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