Productivity is determined by dividing the overall output of goods and services produced by the inputs needed to generate that output.

Name: Productivity is determined by dividing the overall output of goods and services produced by the inputs needed to generate that output.
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Quizplus · Accepted Answer

Productivity measures how efficiently inputs (like labor, capital, materials) are converted into outputs (goods and services), calculated by dividing total output by total input.

Productivity Is Determined by Dividing the Overall Output of Goods