What does productivity measure?
A) the total value of all goods and services produced by a national economy
B) how much a system produces with the resources needed to produce it
C) how much output is necessary to produce a certain level of demand
D) the standard of living relative to purchasing power parity
E) how much gross national product results from inputs of labor

Question

Quizplus · Accepted Answer

B)Productivity is a measure of economic growth that compares how much a system produces with the resources needed to produce it.

What Does Productivity Measure