Labor productivity is
A) the average amount of real GDP produced per worker times the number of people.
B) the rate of change in the amount of real GDP produced per hour of labor.
C) the average amount of real GDP produced per worker times the number of workers.
D) the average amount of real GDP produced per hour of labor.
Correct Answer:
Verified
Q151: An increase in productivity relates to
A) producing
Q152: If real GDP is $13,000 billion and
Q153: Dividing the value of real GDP by
Q154: Labor productivity .
A) is labor per unit
Q155: Labor growth depends mainly on and labor
Q157: If the nation's capital stock increases so
Q158: Labor productivity is defined as
A) zero percent
Q159: Which of the following statements is correct?
A)
Q160: Labor productivity is measured by
A) capital per
Q161: ![]()
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