Changes in Productivity Can Be Analyzed by Looking at How

question 17

Multiple Choice

Changes in productivity can be analyzed by looking at how GDP per employed worker changes over time or how GDP per hour worked changes over time.Why might one measure be more preferable than the other?

• A)GDP per hour worked is preferable because it eliminates the need to adjust for variations in productivity between employed workers.
• B)GDP per employed worker is more accurate because the data available on the number of employed workers is more accurate than the data available on the number of hours worked.
• C)GDP per hour worked is more accurate because the average number of hours worked per employed worker has changed over time.
• D)GDP per employed worker is preferable because the number of employed workers has risen significantly over time.
• E)Both measures are equally good.

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Definitions:

Visiting Distance

The concept related to the physical proximity that allows for easy visits between family, friends, or other social connections.

Bargaining

The negotiation process between two or more parties to reach a mutually acceptable agreement.

Kubler-Ross's Typology

Denotes the five stages of grief as proposed by Elisabeth Kübler-Ross, encompassing denial, anger, bargaining, depression, and acceptance.

Denial

A psychological defense mechanism where a person refuses to accept reality or facts, thereby avoiding a potentially distressful situation.