Which of the Following Statements About Productivity Is Correct

question 7

Multiple Choice

Which of the following statements about productivity is correct?

• A) Productivity does not vary much between countries.
• B) It is difficult to compute productivity for different countries because of different industrial practices.
• C) Additional wealth from higher productivity cannot be shared among workers.
• D) Manufacturing productivity is higher than service productivity.
• E) It is difficult to increase productivity in the service sector.

---

Definitions:

Implied Agency

A legal relationship formed by the actions of the parties involved rather than by written agreement or document.

Equal Dignity Rule

A legal doctrine requiring that contracts authorizing someone to conduct a transaction must be executed with the same formality as required for the transaction itself.

Statute of Frauds

A legal doctrine requiring certain types of contracts, such as for the sale of land or goods over a certain value, to be in writing to be enforceable.

Respondeat Superior

A legal doctrine holding employers liable for wrongful acts committed by employees while performing their job duties.