Which factor does productivity measure within an economy?

the amount of specialization within an industry

the amount of products produced by factories

the number of people who are gainfully employed

the level of efficiency with which resources are used

Question

Social Studies

Santos Levine

2 December, 16:10

Which factor does productivity measure within an economy?

the amount of specialization within an industry

the amount of products produced by factories

the number of people who are gainfully employed

the level of efficiency with which resources are used

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Answers (1)

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Finnegan Holmes · Answer 1

The correct answer is the level of efficiency with which resources are used

Productivity is the result of what is productive, that is, what is produced, what is profitable. It is the relationship between the means, resources used and the final production. It is the result of the ability to produce, to generate a product, the result of work, associated with the technique and the capital employed.

Which factor does productivity measure within an economy?the amount of specialization within an industrythe amount of products produced by factoriesthe number of people who are gainfully employedthe level of efficiency with which resources are used

Which factor does productivity measure within an economy?

the amount of specialization within an industry

the amount of products produced by factories

the number of people who are gainfully employed

the level of efficiency with which resources are used