If labour productivity growth slows down in a country, this means that the growth rate in ________ has declined.

Question

Quizplus · Accepted Answer

Labour productivity is defined as the amount of output (goods or services) produced per hour of work. Therefore, if labour productivity growth slows down, it means that the quantity of goods or services that can be produced by one hour of work has declined, indicating a lower growth rate in output per unit of labour input. None of the other options are directly related to labour productivity.

If Labour Productivity Growth Slows Down in a Country, This