Multiple Choice
Which one of the following statements concerning measures of productivity is FALSE?
A) The number of insurance claims processed per week by employees in an insurance company is a valid measure of productivity.
B) Productivity is measured as the ratio of outputs divided by inputs.
C) Multifactor measures of productivity must convert the quantities being measured to a common unit of measure such as dollars.
D) Measures of labour productivity are generally more informative than multifactor measures of productivity.
Correct Answer:

Verified
Correct Answer:
Verified
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