Labor Productivity Is Commonly Measured as

question 67

Multiple Choice

Labor productivity is commonly measured as

• A) the number of workers divided by real GDP.
• B) the change in real GDP divided by change in number of workers.
• C) nominal GDP divided by number of workers.
• D) real GDP divided by number of workers.

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Definitions:

Photosynthesis

The method through which green plants, algae, and certain types of bacteria transform light energy, often derived from the sun, into chemical energy that is retained in glucose.

Parenchymal Tissue

This type of tissue constitutes the functional parts of an organ in the body, as opposed to the supportive or connective tissues.

Water Conduction

Water conduction refers to the process of transporting water and dissolved nutrients throughout a plant or other organism.

Sclerenchyma Cells

Thick-walled, rigid cells that provide structural support to plants and are characterized by their high lignin content.