The Formula for the Computation of Labor Productivity Is

question 7

Multiple Choice

The formula for the computation of labor productivity is

• A) real GDP/population.
• B) real GDP/number of workers.
• C) nominal GDP/population.
• D) nominal GDP/number of workers.

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Definitions:

Data Type

A category that distinguishes the different varieties of data, like integer, floating-point, or string, defining the potential values for that category, the operations applicable to it, and the method of its storage.

Operations

Basic actions that can be performed on data, including mathematical and logical operations.

Programmer-defined Data Type

A custom data type created by the programmer to represent complex data structures uniquely suited to a particular software application's requirements.

ADT

ADT stands for Abstract Data Type, a model for data structures that defines the behavior from the point of view of a user, including values and operations, without specifying the implementation.