Average labour productivity
A)is more variable than real GDP.
B)is procyclical.
C)is about as variable as investment.
D)is a leading economic variable.
E)is a lagging economic variable.

Question

Quizplus · Accepted Answer

Labour productivity tends to increase during economic expansions and decrease during recessions, making it procyclical. It is not necessarily more or less variable than real GDP or investment, and it is not a leading or lagging economic variable in the traditional sense.

Average Labour Productivity