If a country has a higher level of productivity than another, then it also has a higher level of real GDP.

Question

Quizplus · Accepted Answer

Higher productivity means a country can produce more output per unit of input, but it doesn't necessarily translate to a higher level of real GDP. Real GDP is influenced by other factors as well, such as the total amount of labor and capital in the economy. A country with lower productivity could still have a higher real GDP if it has significantly more resources or labor.

If a Country Has a Higher Level of Productivity Than