Economics · Economic Metrics & Growth
Which of the following metrics is specifically utilized to quantify the overall economic development impact and efficiency gains resulting from Science and Technology?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Researchers per million
- 2Commercialization rates (TRL progression)
- 3GERD-to-GDP ratio
- 4Total Factor Productivity (TFP) growth✓
Correct answer
Total Factor Productivity (TFP) growth
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