Output growth is another name for labor productivity growth.

Name: Output growth is another name for labor productivity growth.
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Question

Quizplus · Accepted Answer

Output growth refers to the increase in the overall production of goods and services. Labor productivity growth, on the other hand, refers to the increase in the amount of output produced per unit of labor input. While output growth can contribute to labor productivity growth, they are not synonymous.

Output Growth Is Another Name for Labor Productivity Growth