Labor Productivity Is

question 322

Multiple Choice

Labor productivity is

• A) the average amount of real GDP produced per worker times the number of people.
• B) the rate of change in the amount of real GDP produced per hour of labor.
• C) the average amount of real GDP produced per worker times the number of workers.
• D) the average amount of real GDP produced per hour of labor.

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Definitions:

Material Goods

Physical items that are produced for purchase and consumption, providing economic value or utility.

Oppression

The systematic and unjust treatment of people, where power is exercised by one group over another in harmful ways.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Empowerment

The process of increasing the degree of autonomy and self-determination in people or communities to enable them to represent their interests in a responsible and self-determined way.