To compare the productivity of the United States to that of Japan, one should examine their respective
A) defense budgets.
B) trade deficits.
C) gross domestic products.
D) stock markets' performance.
E) consumer price indices.

Question

Quizplus · Accepted Answer

To compare the productivity of two countries, one should examine their gross domestic products (GDP), which measures the value of all goods and services produced in a country. It is a widely accepted measure of a country's economic output and reflects its productivity. Defence budgets, trade deficits, stock market performance, and consumer price indices do not provide a comprehensive measure of productivity.

To Compare the Productivity of the United States to That