Labor Productivity Is Computed as

question 267

Multiple Choice

Labor productivity is computed as

• A) per capita real GDP divided by the number of workers.
• B) real GDP divided by population.
• C) per capita real GDP divided by population.
• D) real GDP divided by the number of workers.

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Definitions:

Mutually Exclusive

Events or choices that cannot occur or be taken at the same time.

Capital Projects

Large, longer-term investments undertaken by a business or government to create, maintain, or expand its operational capacity.

New Business

A newly established company or enterprise that is in the early stages of operation and growth.

NPV

Net Present Value, a calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.