Labour productivity is
A) real GDP per hour of labour times the hours of work.
B) real GDP per hour of labour times the population.
C) the quantity of real GDP produced by an hour of labour.
D) the rate of change in real GDP per hour of labour.
E) none of the above.
Correct Answer:
Verified
Q46: If real GDP is $800 million and
Q56: Labour productivity grows as
A)consumption expenditure increases.
B)depreciation increases.
C)physical
Q58: An increase in population results in
A)an upward
Q59: Use the table below to answer the
Q61: In developing nations, microloans
A)have enabled small businesses
Q62: Human capital is the
A)machinery used by humans
Q65: Knowledge capital is different from physical capital
Q69: _ is the accumulated skill and knowledge
Q74: Which one of the following quotations could
Q76: If capital per worker increases, labour productivity
A)decreases
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