The amount of goods and services produced from each hour of a worker's time is called:
A) output
B) productivity
C) work quality
D) worker efficiency
Correct Answer:
Verified
Q15: Productivity is a measure of:
A)the amount of
Q16: In some East Asian countries, such as
Q17: In an economy with fixed capital and
Q18: Investment in equipment that manufactures goods more
Q19: A production function describes the relationship between
Q21: Natural resources:
A)are inputs provided by nature
B)are inputs
Q22: In the long run, a higher savings
Q23: The education and training of workers is
Q24: A production function shows the relationship between:
A)the
Q25: An externality:
A)can only be positive
B)is the effect
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents