Question: What is the most important factor in explaining increases in real GDP in the long run? What supportive government policies are crucial for long-run economic

What is the most important factor in explaining increases in real GDP in the long run? What supportive government policies are crucial for long-run economic growth? What two key factors cause labour productivity to increase over time? Labour productivity in the agricultural sector of Australia is more than 30 times higher than in China's agricultural sector. What factors would cause Australian labour productivity to be so much higher than Chinese labour productivity?

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