Productivity measures:
A)how efficiently resources are turned into goods and services.
B)how efficiently goods and services are consumed by the consumers.
C)the level of skills embodied in a unit of labor.
D)the ratio of inputs to a specific amount of output.
E)the availability of resources in an economy.

Question

Quizplus · Accepted Answer

Productivity measures how efficiently resources are turned into goods and services, reflecting the output produced per unit of input.

Productivity Measures