Whenever Average Output Produced Per Worker During a Specific Time

question 53

Multiple Choice

Whenever average output produced per worker during a specific time period increases,then

• A)leisure time increases.
• B)nominal gdp decreases.
• C)labour productivity increases.
• D)the standard of living goes down.

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Definitions:

Software Development Costs

Expenditures related to the design, development, or improvement of computer software, which can be capitalized or expensed depending on their nature and benefit to future periods.

U.S. GAAP

United States Generally Accepted Accounting Principles, the set of accounting standards and procedures used in the U.S. for preparing financial statements.

Research and Development

Activities undertaken by a company to innovate and introduce new products or services, or to improve existing ones, often involving considerable investment and risk.

R&D Expenditures

Costs incurred in the research and development of new products or services, aiming to improve or innovate offerings.