What does the term value-added per hour help us measure? A) terms of trade B) labor productivity C) volume of exports D) volume of imports

Question

Quizplus · Accepted Answer

Value-added per hour is a measure of labor productivity, which measures the efficiency of workers in producing output. It shows how much value is created by each worker in an hour of work, and is often used to compare productivity levels between different countries or industries.

What Does the Term value-Added Per Hour help Us Measure