As the service industries became a larger part of U. S. GDP, companies have become more concerned about measuringproductivity in the service sector. a. Trueb. False

Question

Judith Bowman

Business

8 March, 04:20

As the service industries became a larger part of U. S. GDP, companies have become more concerned about measuringproductivity in the service sector. a. Trueb. False

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Nyasia Graham · Answer 1

It is TRUE that as the service industries became a larger part of US GDP companies have become more concerned about measuring productivity in the service sector.

Explanation:

Productivity is the ratio between the output of goods and services and the input of resources used to produce them. The fact that service industries now comprise over half of all fully developed economies led us to the hypothesis that service-sector performance would provide a substantial part of the explanation.