Examlex
Mandy has $2,000 she would like to start a savings program.She will add to it regularly by investing $50 per month in a liquid account.Which of the following types of accounts would be most appropriate in this situation?
Productivity
The measure of the efficiency of a person, machine, system, etc., in converting inputs into useful outputs.
Output/Input
A measure of efficiency that compares the quantity or quality of outputs (results, products) generated by a system to the inputs (resources, time) used.
Productivity
The measure of how efficiently resources are used to produce outputs.
Inputs
Resources used in the production process to generate outputs, including raw materials, labor, and capital.
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