Accounting That Relates How Growth in Inputs of Production Are

question 64

Multiple Choice

Accounting that relates how growth in inputs of production are related to growth in output is called:

• A) input to output accounting.
• B) national income accounting.
• C) production accounting.
• D) growth accounting.

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Definitions:

Measurements

The act or process of determining the size, quantity, or degree of something using standard units.

Possible

That which can be done or achieved; within the limits of ability, capacity, or realization.

Standard Error

A measure of the dispersion or variation of sample means around the population mean.

Sample Correlation

A statistical measure that indicates the degree to which two variables change together, based on a sample of data, showing whether the relationship is positive, negative, or nonexistent.