All categories

2 years ago

Labor productivity is?

Business

2 answers:

Rina8888 [55]2 years ago

8 0

Answer:

Workforce productivity is the amount of goods and services that a group of workers produce in a given amount of time. It is one of several types of productivity that economists measure.

9966 [12]2 years ago

4 0

Explanation:

Labor productivity is a measure of economic performance that compares the amount of goods and services produced (output) with the number of hours worked to produce those goods and services.

You might be interested in

A deductible of $500 requires ( select the correct answer )

kenny6666 [7]

Answer:

ɴᴏ ᴘɪᴄ sᴏʀʀʏ :(( ʙʏᴇ :)))

5 0

2 years ago

Read 2 more answers

When the economy is at full employment, A. the unemployment rate is greater than zero. B. all remaining unemployment is either

Andrej [43]

Answer:

D. All of the above.

Explanation:

Full employment describes an economic situation where every able and willing worker is employed. It represents a situation where the highest possibles numbers of unskilled and skilled people are in employment. In practice, full employment is when the economy attains the optimal levels of unemployment.

At full employment, the unemployment rate will be above zero percent. The reason is that the economy will always have as frictional unemployment. Frictional unemployment is the time it takes for an individual to find their ideal job. Structural and frictional unemployment contribute about 2 to 3 percent of unemployment in the economy. Economists thus consider a 3 percent unemployment as full employment.

3 0

2 years ago

"Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil

Alekssandra [29.7K]

Answer:

The margin for Alyeska Services Company: 29.48

The turnover for Alyeska Services Company: 49.01

The return on investment for Alyeska Services Company: 14.45

Explanation:

Please find the below for detailed explanation and calculations:

We have the formula for calculating the ratios as require in the question: Margin = Net operating income/ Sales ; Turnover = Sales/Average operating assets; Return on investment = Net operating income/ Average operating assets.

Thus, we have:

The margin for Alyeska Services Company is calculated as Net operating income/ Sales or 5,100,000/17,300,000 = 29.48%;

The turnover for Alyeska Services Company is calculated as Sales/Average operating assets or 17,300,000/35,300,000 = 49.01%;

The return on investment for Alyeska Services Company is calculated as Net operating income/ Average operating assets: 5,100,000/35,300,000 = 14.45%.

Hope this is helpful to you.

6 0

3 years ago

Which of the following is one way the Federal Reserve Bank serves the government?

Andrews [41]

Answer:

making loans to the government

3 0

2 years ago

Comprehensive income is defined as: Net income plus other comprehensive income. Changes in equity for a period resulting from al

SVEN [57.7K]

Answer: Changes in equity for a period from all sources except those by non-owner sources.

Explanation: In simple words, comprehensive income refers to those transactions that were not realized before so they later get recorded in the income statement.

These transactions usually results in increase in shareholders equity. Usually such transactions involve unrealized gain or loss from available for sale securities or foreign currency transactions.

8 0

3 years ago