ABSTRACT

Introduction to U.S. Economy: Productivity [Updated November 12, 2019]   [open pdf - 440KB]

From the Document: "Productivity is broadly defined as the ratio of outputs to inputs. With respect to the economy, productivity measures how efficiently goods and services can be produced by comparing the amount of economic output with the amount of inputs (labor, capital, etc.) used to produce those goods."

Report Number:
CRS In Focus, IF10557
Author:
Publisher:
Date:
2019-11-12
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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