Labor productivity is defined as
A. the amount of output a typical worker turns out in an hour of work.
B. the amount of output the best worker turns out in a day of work.
C. the amount of output improvement in a year of work.
D. the amount of average output improvement for a team in a year of work.
Answer: A
Economics
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A bond is selling for $1000 and it pays $150 in interest a year. If the interest rate changes to 20 percent, then
A) the price of the bond falls to $750. B) the interest payment falls to $75. C) the interest payment rises to $200. D) the price of the bond rises to $1500.
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What are the components of fiscal policy? Explain how fiscal policy affects aggregate demand
What will be an ideal response?
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