Over the last ten years productivity grew more slowly in Iberia than in Aire while the population and total hours worked remained the same in both countries.It follows that

Question

Quizplus · Accepted Answer

Productivity is a measure of economic output per unit of input. If productivity growth is slower while the population and total hours worked remain constant, it means that there is less economic output per person over time. Therefore, real GDP per person would have grown more slowly in Iberia than in Aire. Option A is incorrect because we cannot determine whether real GDP per person is lower in Iberia without further information. Option C is incorrect because a higher standard of living is generally associated with higher real GDP per person, which we have established to be higher in Aire. Option D is incorrect because only option B is correct.

Over the Last Ten Years Productivity Grew More Slowly in Iberia