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Output per employed worker is called: A) Average output. B) Average standard of living. C) Economic growth. D) Output per person. E) Average labor productivity.
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Output per employed worker is called: A) Average output. B) Average standard of living. C) Economic growth. D) Output per person. E) Average labor productivity.
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Mar 14, 2024
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Output per employed worker is called: A) Average output. B) Average standard of living. C) Economic growth. D) Output per person. E) Average labor productivity.
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John Ballinger
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E) Average labor productivity.
Output per employed worker is a measure of average labor productivity, indicating how much output is produced per worker. It's a key indicator of efficiency and economic performance.
Nikolaj Zander
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Mar 18, 2024
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