Study Notes
Supply-Side Economics - Productivity
- Level:
- AS, A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 4 Jul 2018
Productivity is a measure of the efficiency with which a country combines capital and labour to produce more with the same level of factor inputs. We commonly focus on labour productivity measured by output per person employed or output per person hour
Revision Video: Productivity growth in the UK Economy
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