Which of the Following Statements Is True of Productivity

question 99

Multiple Choice

Which of the following statements is true of productivity?

• A) Increase in productivity usually gives rise to increase in quality.
• B) A high level of productivity typically correlates with healthy gross domestic product growth.
• C) It refers to the quantity of products that consumers are willing to buy at different market prices.
• D) A low level of productivity tends to correlate with economic expansion.

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Definitions:

No-par Value

Refers to stocks issued without a nominal or face value, where the market value is determined by investor demand.

Legal Capital

The minimum amount of capital that a company must maintain as required by law, often to protect creditors.

Dividend Rate

The total dividends declared by a company over a period, usually a year, divided by the number of outstanding shares.

Preferred Shares

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends.