Productivity is the amount of goods and services a. an economy produces. It is not linked to a nation’s economic policies. b. an economy produces. It is linked to a nation’s economic policies. c. produced for each hour of a worker’s time. It is not linked to a nation’s economic policies. d. produced for each hour of a worker’s time. It is linked to a nation’s economic policies.

Respuesta :

Answer:

Option (d) is correct.

Explanation:

Productivity of the workers or employees plays a very important role in the production of certain goods and services. If the productivity of the workers is higher in a specific firm then this will lead to increase the output of the goods and services produced in that firm. On the other hand, lower productivity will lead to lower level of production.

Productivity is calculated as:

[tex]=\frac{O/P}{I/P}[/tex]

O/P - Output

I/P - Input

Productivity is linked to the country's economic policies because the policy makers is a particular country knows that productivity plays a very crucial role in achieving higher gross domestic product (GDP).

Higher productivity generally lead to an increase in the production of goods and services with the same level of resources, which directly increases the GDP of a nation.