What Two Factors Are the Keys to Determining Labor Productivity

question 49

Multiple Choice

What two factors are the keys to determining labor productivity?

• A)the business cycle and the growth rate of real GDP
• B)the growth rate of real GDP and the interest rate
• C)technology and the quantity of capital per hour worked
• D)the average level of education of the workforce and the price level

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Definitions:

Hyperphagic

Describes an excessive eating behavior, often beyond the physiological need for food.

Achievement Motivation

A psychological construct that drives individuals to pursue and attain goals, often influencing their success in various tasks.

Learning Goal

An educational objective or aim that a person sets for themselves, focusing on acquiring knowledge or mastering a skill.

Altruistic Aim

The goal of acting with selfless concern for the well-being of others.