By Definition, an Increase in Productivity Occurs

question 62

Multiple Choice

By definition, an increase in productivity occurs:

• A) when an increase in the amount of resources leads to higher output.
• B) anytime that total output rises.
• C) when unemployment rates fall.
• D) when output per unit of input rises.

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Definitions:

Security

A financial instrument representing an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Net Losses

Refers to the situation where a company's expenses exceed its revenues for a given period, resulting in a negative profit.

Long-Term Losses

Financial losses on investments held for more than a year before being sold at a lower price than the purchase cost.