Which of the following is an example of a measure of labour productivity?
A) Farm workers produce 30 bushels of wheat per worker per day
B) Autos get 30 gallons to the mile
C) The growth rate of per capita real GDP is 3.5 percent per year
D) Wages increase by 3.5 percent per year for 5 years
Correct Answer:
Verified
Q50: Other things held constant,a decline in saving
Q51: Labour productivity increases when
A)the population increases.
B)output remains
Q52: Productivity is _ if we produce less
Q53: The rate of economic growth will be
Q54: When comparing across countries,the higher the rate
Q56: If we produce the more output with
Q57: A higher rate of savings should lead
Q58: Productivity is _ if we produce the
Q59: Productivity is _ if we produce more
Q60: If we produce the less output with
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