What is the average amount of goods and services produced from each hour of a worker's time called?
A)per capita GDP
B)per capita GNP
C)productivity
D)human capital

Question

Quizplus · Accepted Answer

The average amount of goods and services produced from each hour of a worker's time is called productivity. Per capita GDP and per capita GNP refer to the total output of a country divided by its population, and human capital refers to the knowledge and skills possessed by individuals that enhance their productivity.

What Is the Average Amount of Goods and Services Produced