Average Labour Productivity Is Determined by

question 175

Multiple Choice

Average labour productivity is determined by

• A) consumption,investment,government spending,and net exports.
• B) the number employed,unemployed,and the labour force participation rate.
• C) the quantity and quality of human capital,physical capital,technology,natural resources,entrepreneurship,and the legal and political environment.
• D) the real interest rate,the nominal interest rate,and the rate of inflation.
• E) the difference between government spending and revenues.

---

Definitions:

Diversity

The inclusion of individuals from various backgrounds, cultures, perspectives, and experiences.

Across Cultures

Pertaining to or involving the interaction or comparison of two or more different cultures.

Organizational Strength

The unique capabilities, resources, and positive attributes of an organization that give it a competitive advantage and enable successful performance.

Communication Competency

The ability to effectively convey, receive, and interpret messages, both verbally and non-verbally, in various contexts.