An increase in __________ means that a given number of workers can produce more output than before.
A)CPI
B)structural unemployment
C)productivity
D)GDP

Question

Quizplus · Accepted Answer

Productivity refers to the amount of output produced per unit of input, such as a worker's output per hour of work. If productivity increases, it means that a given number of workers can produce more output than before, which can lead to economic growth and higher living standards. The other answer choices do not relate to an increase in the efficiency of workers or the economy.

An Increase in __________ Means That a Given Number of Workers