Which of the Following Statements About Productivity Is True

question 50

Multiple Choice

Which of the following statements about productivity is true?

• A) Productivity is a ratio of benefits to costs (i.e., benefits divided by costs).
• B) For companies, higher productivity can lead to lower costs.
• C) For countries, higher productivity produces a lower standard of living.
• D) Productivity decreases make products more affordable.
• E) All of the statements about productivity are true.

Recognize key methodological concepts, such as independent and dependent variables, single-blind and double-blind studies.

Acknowledge the impact of psychology's evolution over time on current practices.

Understand the role of critical thinking in evaluating psychological claims.

Comprehend the significance of correlations and how they are used in psychological research.

---

Definitions:

Predominant Purpose Test

A legal criterion used to determine the nature of a contract based on its primary objective, especially in determining whether it falls under the sale of goods or the provision of services.

Service

The action of helping or doing work for someone, or a system supplying a public need such as transport, communications, or utilities.

Statute Of Frauds

A legal concept that requires certain types of contracts to be executed in writing and signed by the party to be charged, in order to be legally enforceable.

Void

refers to something that is legally declared to be null and without effect, as if it never existed or happened.