This blog has been created to provide an area for economics students to read about how economics impacts daily life. It is especially useful for students to understand the application of macroeconomics as communicated through the media and governmental websites.

This online resource has been set up for educational purposes.All rights are reserved by the various websites.

For further clarification, please email

MCQ 19

clipped from

The chart below shows measurements of productivity for four countries relative to productivity in the UK economy.


The information in the chart suggests that
  1. Japan has a higher level of productivity than the UK
  2. Output per worker in the United States is nearly 40% higher than in the UK
  3. The UK economy has been growing more slowly than our major international competitors
  4. Output per hour worked
blog it