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A manager recently instituted a required retraining program to attempt to increase output by employees with out any additional increase in capital. Any increase in output would be associated with which
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A manager recently instituted a required retraining program to attempt to increase output by employees with out any additional increase in capital. Any increase in output would be associated with which of the following economic terms?

User Maestromani
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Answer:

Nominal labor productivity

Step-by-step explanation:

Nominal labour productivity because output per worker rises due to increase in human capital. It is also defined as the value of all goods and services produced less the value of any goods or services used in their creation.

User Em
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