
'Labour productivity' is the quantity of:
A) output that can be produced in one hour by several workers.
B) labour produced in one hour in an economy.
C) output produced in one hour by one worker.
D) output produced in one hour by one machine.
Correct Answer:
Verified
Q8: The only way the standard of living
Q9: If GDP grew 3% in 2015, 2.8%
Q10: Which of the following has not been
Q11: If GDP is currently $13 trillion and
Q12: If GDP grows at a rate of
Q14: Which of the following describes the growth
Q15: Over the past 100 years, economic growth
Q16: 'Long-term economic growth' is a term used
Q17: If an economy is growing at a
Q18: 'Labour productivity' will increase if the _
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents