For the Years 1995-2007, If Output Per Person in the Private

question 11

Multiple Choice

For the years 1995-2007, if output per person in the private sector grew 2.7 percent, capital intensity grew 1.1 percent, and labor composition grew 0.2 percent, what was the growth rate of total factor productivity?

• A) 3.6 percent
• B) 1.8 percent
• C) 1.4 percent
• D) 4.0 percent
• E) 2.3 percent

---

Definitions:

Annual Performance Appraisal

A yearly review and evaluation of an employee's job performance and overall contribution to a company.

Skills Mismatch

A discrepancy between the skills offered by workers and the skills demanded by employers, leading to inefficiencies in the labor market.

Mental Health Program

A structured set of services designed to prevent and treat mental illness and promote mental health among individuals or communities.

Training Initiative

A strategic approach initiated by organizations to develop skills and knowledge among employees through structured programs.