Final answer:
Productivity growth can be calculated by measuring the level of GDP per worker or GDP per hour worked. This represents the value of what is produced per worker or per hour.
Step-by-step explanation:
Productivity growth can be calculated by measuring the level of GDP per worker or GDP per hour worked. This represents the value of what is produced per worker or per hour.
The rate of productivity growth is an important determinant of an economy's long-term economic growth and higher wages.
If the productivity of the average worker increases, GDP per capita can grow continually.
Alternatively, complementary increases in capital can contribute to GDP per capita growth as well.