Question

An increase in productivity in a country will cause its currency to ________ because it can produce goods at a ________ price, everything else held constant.

Answer 1

An increase in productivity in a country will cause its currency to appreciate because it can produce goods at a lower price, and everything else is held constant.

Productivity is a measure of the performance of someone completing a task. We frequently assume that productivity means getting extra matters executed each day. wrong. productiveness is getting critical things carried out continually. And irrespective of what you're operating on, there are only a few matters that are truly critical.

Productivity is the state of being able to create, mainly at an excessive exceptional and brief velocity. An example of productivity is being able to make awesome school tasks in a constrained quantity of time. An instance of productivity is how speedy a toy manufacturing facility is able to produce toys.

Productiveness is the performance of the production of goods or services expressed by means of some degree. Measurements of productiveness are regularly expressed as a ratio of aggregate output to a single enter or a mixture enter utilized in a manufacturing technique, i.e. output according to a unit of input, commonly over a selected time frame.

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