Whenever average output produced per worker during a specific time-period increases, then
A) leisure time increases.
B) nominal GDP decreases.
C) labor productivity increases.
D) the standard of living goes down.

Question

Quizplus · Accepted Answer

When the average output produced per worker increases, it means that each worker is producing more goods and services in the same amount of time, which is known as an increase in labor productivity. This can lead to higher wages, more job opportunities, and economic growth, which ultimately results in an improvement in the standard of living. Therefore, option C is the correct answer. Options A, B, and D are incorrect.

Whenever Average Output Produced Per Worker During a Specific Time-Period