One of the key factors that determine an economy's real GDP is labor productivity, which is a measure of
A)output per hour of work.
B)labor force per hour.
C)input per hour worked.
D)total hours worked.

Question

Quizplus · Accepted Answer

Labor productivity is defined as the amount of output produced per hour of work. Therefore, choice A - output per hour of work - is the correct answer. The other choices either do not accurately reflect labor productivity or are not directly related to the calculation of real GDP.

One of the Key Factors That Determine an Economy's Real