Labor Productivity Can Best Be Calculated as

question 274

Multiple Choice

Labor productivity can best be calculated as

• A) real Gross Domestic Product (GDP) / Gross Domestic Product (GDP) price index.
• B) real Gross Domestic Product (GDP) / number of workers.
• C) number of workers / hours of work.
• D) real wages / hours of work.

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Definitions:

Population

The total number of individuals or items under consideration in a specified area or group.

Rate

A rate is a measure, quantity, or frequency, typically one measured against another quantity or measure, such as speed (distance per time) or heart beats (per minute).

100,000

A numerical figure commonly used as a statistical baseline to calculate rates per population for comparison or analysis.

Suicide Attempt

An act with the intention to end one's life that does not result in death.