To determine its productivity level, a country can divide the output (goods and service produced in an economic system within a specific period) by the input (the resources used to produce that output).

Name: To determine its productivity level, a country can divide the output (goods and service produced in an economic system within a specific period) by the input (the resources used to produce that output).
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Question

Quizplus · Accepted Answer

This is the correct formula for calculating productivity, therefore, the statement is true.

To Determine Its Productivity Level, a Country Can Divide the Output