Question

a measure of the amount of output produced by a given amount of inputs in a specific period of time is the definition of

Answer 1

A measure of the amount of output produced by a given amount of inputs in a specific period of time is the definition of Productivity

Data is fed into a computer as input. A computer's output is already data that it sends. Only digital data could be processed by computers. A computer requires the digitalization of all input. A lot of the time, data that is output, such as sound from a computer's speakers, must be transformed back to analog.

Productivity would be a gauge of economic success because it contrasts the number of goods and services that are produced services made (output) with both the number of inputs needed to produce those goods and services.

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