Productivity refers to the amount of goods produced from one year to the next.

Name: Productivity refers to the amount of goods produced from one year to the next.
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Quizplus · Accepted Answer

Productivity refers to the efficiency of production, and it is typically measured by the amount of output per unit of input (e.g. labor, capital, energy). It is not just about the quantity of goods produced, but also about how efficiently they are produced.

Productivity Refers to the Amount of Goods Produced from One