Productivity is usually measured by the
A) quality of real GDP per hour of labour.
B) quantity of real GDP per hour of labour.
C) potential GDP per person.
D) capital to labour ratio.
E) labour force participation rate.

Question

Quizplus · Accepted Answer

Productivity is measured by the output per hour of labor, which is indicated by the quantity of real GDP per hour of labor. A higher quantity of output per unit of labor input indicates higher productivity.

Productivity Is Usually Measured by the