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How are productivity, earnings, and standard of living related?​

User Gab
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2 Answers

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13 votes

Answer:

u work hard for the life u want

User DongYao
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24 votes
Labor productivity is a measure of the amount of goods and services that the average worker produces in an hour of work. The level of productivity is the single most important determinant of a country's standard of living, with faster productivity growth leading to an increasingly better standard of living
User Akshay Shrivastava
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