Productivity measures
A) real output per unit of input.
B) per-unit production costs.
C) the changes in real wealth caused by price level changes.
D) the amount of capital goods used per worker.

Question

Quizplus · Accepted Answer

Productivity measures refer to the efficiency of production in terms of output per unit of input. Therefore, real output per unit of input is the most appropriate choice for productivity measures. B is incorrect because it refers to production costs, not productivity. C refers to changes in wealth caused by price changes and is not related to productivity. D refers to capital intensity and is not an accurate measure of productivity on its own.

Productivity Measures