Title: QUIZ: Productivity -- Explore Economics Video Series
Course: Kelly's Copy & Export Course > Section: Productivity -- Explore Economics Video Series

Q: Productivity is
- output per factory per time.
- output per country per time.
- output per input per unit of time.
- input per unit of time per capital resource.
A: output per input per unit of time.

Q: Capital resources are
- people who produce goods and services.
- things found naturally in or on the earth.
- things produced and used again and again to produce goods and services.
- things produced and used up in the production of other goods and services.
A: things produced and used again and again to produce goods and services.

Q: Investment in human capital means
- paying people more.
- buying stocks and bonds.
- spending more money on public schools.
- getting additional education, practicing new skills, and developing talent.
A: getting additional education, practicing new skills, and developing talent.

Q: Division of labor means that workers
- produce complete products by themselves.
- alternate production time between them.
- share capital resources to produce products.
- divide the tasks for production among them.
A: divide the tasks for production among them.

Q: How can people increase productivity?
- Use new capital resources, invest in human capital, and buy stocks and bonds
- Use new capital resources, invest in human capital, or divide their labor
- Invest in human capital, invest in capital resources, and buy stocks and bonds
- Use new capital resources, use fewer natural resources, have each person complete products start to finish
A: Use new capital resources, invest in human capital, or divide their labor

Q: Before using a rope-driven assembly line, it took workers at Ford Motor Company 12.5 hours to produce a car. When they began using a rope-driven assembly line, it took them 6.0 hours to produce a car. This is an increase in productivity.
- True
- False
A: True

Q: Jackson and Ellie practiced using the letter stamps and the stencils. This is an example of investment in
- human capital.
- capital resources.
- stocks.
- bonds.
A: human capital.

Q: Jackson and Ellie were using scissors and markers. They added stamps and stencils. All of these are
- human capital.
- capital resources.
- natural resources.
- intermediate goods.
A: capital resources.

Q: When Jackson and Ellie divided the labor to produce bookmarks, their productivity increased.
- True
- False
A: True

Q: Yadier and Andrea worked for 1 hour making paper flowers. They produced 10 paper flowers. What was their productivity?
- 2 paper flowers per worker
- 5 paper flowers per worker
- 10 paper flowers per worker
- 20 paper flowers per worker
A: 5 paper flowers per worker