which of the following is a better measure of the productivity of employed people in a...
which of the following is a better measure of the productivity of employed people in a country? (i think It's C but answer is A)
A. income per worker
B. Income per capita
C. Gross Domestic Product
D. Gross National Product
Homework Answers
Answer
Option A
the productivity of employed people=GDP/employed
the productivity needs both things GDP and employed
the standard of living is from income per capita
Gross domestic product just measures the GDP of the country in nominal terms and adjusting it to real GDP and converting as per the terms productivity, population for per capita and so.
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