The resource whose productivity is most commonly measured is
A)labor
B)capital
C)land
D)energy
E)money

Question

Quizplus · Accepted Answer

Labor productivity is the most commonly measured resource productivity because it is often the most significant factor in economic growth and development. It refers to the amount of goods and services that one worker can produce in a given period, and it is calculated by dividing the total output by the total number of hours worked. The productivity of other inputs such as capital, land, energy, and money are also important, but they are typically measured less frequently or in different ways.

The Resource Whose Productivity Is Most Commonly Measured Is