Labor Productivity Is Defined as

question 95

Multiple Choice

Labor productivity is defined as

• A) total output/worker-hours.
• B) nominal GDP minus real GDP.
• C) the ratio of real capital to worker-hours.
• D) the annual increase in nominal GDP per worker.

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Definitions:

Lev Vygotsky

A Soviet psychologist known for his work on cognitive development, particularly the social development theory which emphasizes the role of social interaction in the development of cognition.

Conservation

The protection and preservation of natural resources and the environment to prevent depletion and degradation.

Physical Properties

Characteristics of a substance that can be observed or measured without changing the substance's chemical composition, such as density, color, or melting point.

Objects

Physical items or entities that can be perceived by the senses.