Osiris1645 Osiris1645
  • 18-01-2018
  • Business
contestada

What is the rate at which goods and services are produced based upon total output given total inputs?

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W0lf93
W0lf93 W0lf93
  • 30-01-2018
This would be productivity. This is the metric that shows how well a country is using its resources, as well as how efficiently those resources are being implemented. Higher levels of productivity can bring larger profits to businesses, which can lead to higher employment and larger levels of future investment in those businesses.
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