Labor productivity is commonly measured as
A) the number of workers divided by real GDP.
B) the change in real GDP divided by change in number of workers.
C) nominal GDP divided by number of workers.
D) real GDP divided by number of workers.

Question

Quizplus · Accepted Answer

Labor productivity is measured as output per worker, therefore, the best option is D, as it measures real GDP divided by the number of workers. A, B, and C are incorrect because they do not measure output per worker.

Labor Productivity Is Commonly Measured as