________ is a measure of economic growth that compares how much a system produces with the resources needed to produce it.
A) Purchasing power parity
B) Productivity
C) Stability
D) Inflation

Question

Quizplus · Accepted Answer

Productivity measures the efficiency of a system by comparing the output (what is produced) with the input (resources like labor, capital, and materials used to produce it). By measuring productivity, we can assess how effectively a country or business is using its resources to generate economic growth.

________ Is a Measure of Economic Growth That Compares How