Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Output per hour worked
B
Total employment levels
C
Average wage rates
D
Number of hours worked
Understanding the Answer
Let's break down why this is correct
Answer
The primary measure of labor productivity in an economy is output per hour worked. This means we look at how much goods and services are produced for each hour that workers spend on their jobs. Higher productivity means that workers can produce more in less time, which is good for the economy because it can lead to higher wages and better living standards. For example, if a factory can produce 100 toys in 10 hours, the labor productivity is 10 toys per hour. Understanding this helps businesses and governments make decisions about investments and policies that can improve productivity and overall economic health.
Detailed Explanation
This measure shows how much work is done in a specific time. Other options are incorrect because Some might think that having more jobs means more productivity; People might confuse higher pay with better productivity.
Key Concepts
labor productivity
Topic
Labor Productivity and Decision-Making
Difficulty
easy level question
Cognitive Level
understand
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