U.S. Productivity
Book Details
Format
Hardback or Cased Book
ISBN-10
1607412616
ISBN-13
9781607412618
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Feb 25th, 2011
Print length
136 Pages
Weight
380 grams
Dimensions
23.60 x 16.10 x 1.60 cms
Product Classification:
Economic growthPolitical economy
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Among the goals of economic policy is a rising standard of living, and it is generally understood that the means to that end is rising productivity. Productivity relates the quantity of goods and services produced, and the income generated as a result of that production, to the amount of labour required to produce it. The most commonly used measure of the living standard of a nation, is simply the ratio of that income to the total population, without regard to how the income is actually distributed. This book examines the link between productivity and living standards and the trends and proposals in productivity growth.
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