Average Labour Productivity Is Defined as

question 17

Multiple Choice

Average labour productivity is defined as

• A) output per person.
• B) output per employed worker.
• C) per-capita output.
• D) output per skilled worker.
• E) output per unskilled worker.

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Definitions:

Exchange Rate

The exchange rate is the value of one currency for the purpose of conversion to another, dictating how much of one currency can be exchanged for another currency.

Accounts Receivable-Kagome

This term might refer to the outstanding invoices or money owed to the Kagome company by its customers for goods or services delivered.

Foreign Exchange Rate

The price at which one currency can be exchanged for another currency.

International Customer

A customer based in a country different from the one where the seller or service provider is located, often involving cross-border transactions.