Labour productivity refers to the quantity of goods and services that can be produced
A) by the entire labour force.
B) by one worker or one hour of work.
C) in the entire economy in one year.
D) by all employed workers.

Question

Quizplus · Accepted Answer

Labour productivity is typically measured as the output produced by one worker or one hour of work, which allows for comparisons between different countries and industries. A, C, and D are incorrect as they refer to the total output of the entire labour force, economy, or all employed workers, which is not the same as labour productivity.

Labour Productivity Refers to the Quantity of Goods and Services