As the level of productivity ________, the time it takes an average worker to earn the purchase of goods and services ________.

Question

Quizplus · Accepted Answer

When productivity increases, it means that workers can produce more goods and services in the same amount of time. This generally leads to a decrease in the cost of goods and services relative to wages, meaning workers can earn the purchase of goods and services in less time.

As the Level of Productivity ________, the Time It Takes