Total Factor Productivity Is the Ratio of A

question 63

Multiple Choice

Total factor productivity is the ratio of a:

• A)firm's marginal revenue to its marginal cost.
• B)firm's total revenues to its total costs.
• C)nation's total income to its total output.
• D)nation's output to its stock of labor and capital.
• E)nation's savings to its capital stock.

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Definitions:

Global

Pertaining to or involving the entire world, emphasizing a comprehensive, worldwide scope or application.

Body Mass Index

A measure of body fat based on an individual's weight in relation to their height.

High Calorie

Referring to food or diet that contains a large amount of calories per serving, often associated with contributing to weight gain if consumed in excess.

External

Anything located or existing outside the considered entity, system, or boundary.