The average amount of goods and services produced from each hour of a worker's time is called

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Quizplus · Accepted Answer

Productivity is the measure of how efficiently inputs (such as labor, technology, and capital) are used to produce outputs (goods and services). It is typically measured as the output per hour of work or per unit of input. Per capita GDP and per capita GNP refer to the average income or output per person in a country, and human capital refers to the knowledge, skills, and experience of a workforce, but neither of these terms specifically measures productivity.

The Average Amount of Goods and Services Produced from Each