Productivity is defined as the quantity of
A)labor required to produce a nation's GDP.
B)labor required to produce one unit of goods and services.
C)goods and services produced from each unit of labor input.
D)goods and services produced per unit of time.

Question

Quizplus · Accepted Answer

Productivity measures how efficiently inputs, such as labor, are used to produce outputs, specifically the amount of goods and services produced from each unit of labor input.

Productivity Is Defined as the Quantity of