Both are very important. Job growth is more important though, because it is quantumly better than effieciecy.
2007-03-16 14:43:18
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answer #1
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answered by Santa Barbara 7
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efficiency gains are considered more desirable for company owners.
Job growth is considered more desirable for Politicians because it's easier to show, and they can take credit for it.
And the general public, probably doesn't have and opinion because "economics is to boring", and for those who do.... it depends.
For me... I think that efficiency gains are more important that job growth. Efficiency gains lead to job growth, because things become cheaper so you can have more inputs with fewer outputs.
2007-03-16 16:48:09
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answer #2
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answered by Max Power 2
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A balance of consistency in efficiency gains, and the surety by monitoring said events so as not to spread oneself too thinly, is the key to success in any measure of growth, in any business expansion plan.
2007-03-16 14:50:21
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answer #3
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answered by Jack K 2
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For companies efficiency gains are more important, for employees, job growth is more important.
2007-03-16 19:11:26
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answer #4
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answered by Dr Dee 7
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depends whether you are a macroeconomist or a microeconomist. Or if you are a firm or a household. efficency gains are awesome if you are a firm or a consumer. it equals a reduction in input costs which can lead to increased profit and/or lower prices for consumers. if you are a household, then you may lose job opportunites, but you may also pay lower prices
2007-03-16 17:53:29
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answer #5
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answered by Anonymous
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