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Productivity Is

Question 39

Multiple Choice

Productivity is


A) a measure of economic growth that compares how much a system produces with the resources needed to produce it.
B) also known as "real gross national product."
C) the total value of all goods and services produced by a national economy in a given period of time regardless of where the factors of production are located.
D) the total value of all the goods produced by a single economy.
E) the total quantity and quality of goods and services that can be purchased with the currency used in an economic system.

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