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The Most Common Measure of Productivity Is , Which Can

Question 77

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The most common measure of productivity is , which can be measured as real GDP divided by .


A) labour productivity; the number of units of work effort
B) indexed productivity; per capita output
C) capital productivity; the number of units of capital employed in the economy
D) potential productivity; the total number of factors that would be employed in the economy at full employment.
E) factor productivity; the total number of factors employed in the economy

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