Input productivity refers to the amount of output produced per unit of the input.

Answer the following statement true (T) or false (F)


True

Economics

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What do people base their expected inflation rate upon?

What will be an ideal response?

Economics

Comparing the cases of Brazil and Kerala, how would you characterize their different approaches to achieving economic development?

What will be an ideal response?

Economics

Suppose you have data on durable goods, nondurable goods, fixed investment, government purchases, exports, and imports. Can you compute GDP?

A) No, since data on services and profits are missing. B) No, since data on inventory investment and profits are missing. C) No, since data on inventory investment and services are missing. D) No, since data on services and dividends are missing. E) Yes, all of the necessary components of GDP are given.

Economics

Which of the following is not a characteristic of the U.S. health care system in comparison to health care systems in other countries?

a. Large numbers of people lack health care insurance. b. The United States spends more on health care per person. c. The United States relies more on private health care. d. The United States is the only country with a single-payer system.

Economics