The number of tools or machines each worker has to work with measures the
A) average wage rate of workers.
B) labor force participation rate.
C) capital per worker ratio.
D) productivity of workers.

Question

Quizplus · Accepted Answer

The measure described is the capital per worker ratio, which is indicative of how much equipment or machinery each worker has at their disposal to aid in their work. This ratio is closely tied to productivity, as workers with access to more and better tools are generally able to produce more goods or services in a given time period. The average wage rate and labor force participation rate are not directly related to the number of tools or machines each worker has to work with.

The Number of Tools or Machines Each Worker Has to Work