The most common measure of productivity is output per
A)GDP.
B)Capita.
C)Labor-hour.
D)Human capital.

Question

Quizplus · Accepted Answer

Labor-hour is the most commonly used measure of productivity as it measures the amount of output produced per unit of labor input. GDP measures the size of the economy rather than individual productivity, capita measures productivity per person but can be affected by factors like age and education level, and human capital is a broader concept that includes factors like education and experience that can affect productivity.

The Most Common Measure of Productivity Is Output Per