A Common Measure of a Country's Level of Productivity Is

question 39

Multiple Choice

A common measure of a country's level of productivity is

• A)the average efficiency of capital.
• B)the capital-output ratio.
• C)output per capita.
• D)output per unit of labour input.
• E)per capita GDP.

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Definitions:

Recency Effect

The tendency for a perceiver to rely on recent cues or last impressions.

Performance Evaluation

The process of assessing an employee's job performance against predefined criteria to provide feedback, guide further development, and make decisions about promotions or rewards.

Typical Attributes

Common characteristics or qualities that are generally observed or expected in a particular context or entity.

Perceive

The process of becoming aware or understanding something through the senses.