An Increase in __________ Means That a Given Number of Workers

question 187

Multiple Choice

An increase in __________ means that a given number of workers can produce more output than before.

• A)CPI
• B)structural unemployment
• C)productivity
• D)GDP

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Definitions:

Extrinsic

Relating to external factors or rewards that motivate behavior, such as money, grades, or recognition, as opposed to intrinsic motivation which comes from within the individual.

Flextime

A flexible work schedule arrangement that allows employees to alter their start and end times, typically to accommodate personal needs and improve work-life balance.

Specified Limits

Predetermined boundaries or parameters that define acceptable levels of variation for process outputs, quality standards, or other measurable factors.

Self-actualization

The attainment or realization of personal skills and potential, regarded as a basic impulse or demand in everyone.