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US. Workers​ World's Most Productive

Americans work longer hours than those in most other rich nations. Americans also produce more per person during the​ year, but only part of the U.S. productivity growth can be explained by the longer hours Americans work. Americans also create more wealth per hour of work. U.S. employees worked an average of​ 1,804 hours in​ 2006, compared to​ 1,564.4 for the​ French, but far less than the​ 2,200 hours that Asians worked. But the Asian countries the average labor productivity is lower.

Read the news​ clip, then answer the following questions.
The article defines productivity as​ ______.


Real GDP per person is​ ______.

a)The amount of output per person; The total value of goods and services produced in a country
b)The efficiency of workers in producing goods and services; A measure of total economic output per capita
c)The total economic output per capita; The average income of the population
d)The ratio of hours worked to wealth created; The overall economic performance of a nation

User Klick
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Final answer:

Productivity in the article is defined as the output per hour worked, which focuses on the value added by a worker to their employer's output, excluding government and farming sectors. Real GDP per person is the total economic output divided by the country's population.

Step-by-step explanation:

The article defines productivity as the amount of output per hour worked. This is a measure of worker productivity and represents the dollar value per hour each worker contributes to their employer's output. It's important to note that this measure typically excludes government workers and farming to focus on market-traded goods and services.

Real GDP per person is a measure that includes all of the goods and services produced in a country, representing the total economic output. It is often used to gauge the average economic output per person, which can then be used to draw comparisons between different countries or assess economic growth over time.

User Hardwired
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