The per-hour output produced by a worker describes the
A) labor force participation rate.
B) capital per worker ratio.
C) nominal worker growth standard.
D) productivity of workers.

Question

Quizplus · Accepted Answer

Per-hour output is a measure of productivity, or the amount of output produced by each worker within a certain time period. Therefore, the correct answer is D. A is incorrect because labor force participation rate refers to the percentage of the population that is either employed or seeking employment. B is incorrect because capital per worker ratio is a measure of how much capital is available per worker, which can impact productivity but is not the same as a measure of output itself. C is incorrect because there is no standard or measure called "nominal worker growth standard."

The Per-Hour Output Produced by a Worker Describes the