Complete the following using the terms listed.
-_____ is the relationship between the goods and services produced in a nation each year and the inputs needed to produce them.
A)Consumer Price Index (CPI)
B)Inflation
C)Gross domestic product (GDP)
D)fiscal policy
E)monetary policy
F)equilibrium price
G)budget deficit
H)Pure competition
I)supply
J)Demand
K)Productivity
L)recession
M)microeconomics
N)oligopoly
O)monopoly

Question

Quizplus · Accepted Answer

Productivity is the measure of the efficiency of production, indicating the relationship between the output of goods and services and the inputs used to produce them.

Complete the Following Using the Terms Listed