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Which of the following policies would lead to greater productivity in the fishing industry? Check all that apply. Sharply increasing the interest rate on student loans to people pursuing advanced degrees in fishing Offering free public education to every worker in the country Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts Imposing restrictions on foreign ownership of domestic capital

Respuesta :

Answer:

Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts

Explanation:

Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.

By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.

The policies that result in high productivity in the fishing industry should be research and development and saving encouragement.

Policies resulted in high productivity:

In the case when we want the high productivity in the fishing industry so if there is a research and development for the new technologies related to the fishing but that should be subsidized. Also, the saving should be encourage by permitting the workers for kept aside the portion of the earnings.

Therefore, The policies that result in high productivity in the fishing industry should be research and development and saving encouragement.

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