The Term "Productivity

question 35

Multiple Choice

The term "productivity"

• A)means the same thing as "efficiency."
• B)is seldom used by economists,as its meaning is not precise.
• C)refers to the quantity of goods and services produced from each unit of labor input.
• D)refers to the variety of goods and services from which households can choose when they shop.

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Definitions:

Stored Value

Information or data that has been saved in a memory location within a device or system for later use or reference.

Move Instruction

A command in programming and automation that directs the transfer of data from one location to another.

Value

A value is the importance, worth, or usefulness of something, often quantified in numerical terms.

Location

In reference to memory, a storage position or register identified by a unique address.