Which of the following is a correct way to measure productivity?
A)divide the number of hours worked by output
B)divide output by the number of hours worked
C)compute output growth
D)divide the change in output by the change in number of hours worked

Question

Quizplus · Accepted Answer

Measuring productivity involves determining the amount of output (goods or services produced) per unit of input (such as labor, capital, or time). The correct way to measure productivity is to divide the output by the number of hours worked. This gives the amount of output produced per unit of time or per hour worked.

Which of the Following Is a Correct Way to Measure