Labour productivity is determined by dividing GNP by the total number of workers in a country.

Question

Quizplus · Accepted Answer

Labour productivity is determined by dividing the total output (usually measured by GDP) by the total number of hours worked in a country or by dividing the total output by the number of workers in a country. GNP (Gross National Product) does not take into account the output of foreign workers and therefore is not an appropriate measure for labour productivity.

Labour Productivity Is Determined by Dividing GNP by the Total