The Rate of Growth of Output Per Worker in Australia

question 28

Multiple Choice

The rate of growth of output per worker in Australia between 1985 and 2009 was approximately equal to which of the following?

• A) 2.5%.
• B) 0.5%.
• C) 5.5%.
• D) 1.5%.
• E) 6.5%.

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Definitions:

Margin Of Safety

The difference between actual or expected sales and sales at the break-even point; it measures the risk of incurring a loss.