Solved

Labour Productivity May Best Be Defined As

Question 61

Multiple Choice

Labour productivity may best be defined as:


A) total output/worker-hours.
B) nominal GDP minus real GDP.
C) the ratio of real capital to worker-hours.
D) the annual increase in nominal GDP per worker.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q56: Economic well-being in Canada is understated by

Q57: The different starting dates for modern economic

Q58: The countries which have begun modern economic

Q59: Which is a demand factor in economic

Q60: The average living standards in Canada compared

Q62: Refer to the</p></div><svg width=

Q63: Real GDP or total output in any

Q64: If the number of worker-hours in an

Q65: Refer to the</p></div><svg width=

Q66: Refer to the</p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents