Productivity Is Defined As

question 42

Multiple Choice

Productivity is defined as:

• A)the ratio of a specific measure of output to a specific measure of input.
• B)the production of worthwhile goods and services.
• C)the market value of goods,services,and resources produced per time period (e.g.,per year).
• D)average input divided by average output.
• E)total input divided by average output.

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Definitions:

Federal Income Tax

The tax levied by the US government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Middle Class

A social group between the upper and working classes, including professional and business workers and their families, characterized by moderate to high income levels and higher education.

Proportion

This refers to a part, share, or number considered in comparative relation to a whole.

Ronald Reagan

The 40th President of the United States, known for his economic policies known as Reaganomics, which focused on tax cuts, deregulation, and increased defense spending.