Productivity Is Usually Measured by the

question 124

Multiple Choice

Productivity is usually measured by the

• A) quality of real GDP per hour of labour.
• B) quantity of real GDP per hour of labour.
• C) potential GDP per person.
• D) capital to labour ratio.
• E) labour force participation rate.

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Definitions:

Temperature

A measure of the average kinetic energy of the particles in a system, signifying how hot or cold the system is.

°C

Degrees Celsius, a unit of temperature on the Celsius scale, where 0°C represents the freezing point of water, and 100°C its boiling point at sea level.

Atm

Standard atmosphere, a unit of pressure defined as 101,325 Pa; also used to denote the atmospheric pressure at sea level.

Volume

A metric for quantifying the three-dimensional space an object or gas occupies.