1. Also, the income numbers are reported as current dollar figures, while output is measured in constant dollars, adjusted for inflation. 2. But economists have more difficulty measuring the output of service industries like health care. 3. GNP measures the output of goods and services. 4. In both cases, the bureau found that the biggest problem lay in accurately measuring output. 5. National well-being depends on productivity, which measures the output of goods and services by the amount of time per worker. 6. Productivity measures hourly output by American workers. 7. Productivity, which measures output per hour of work, is the key indicator of how quickly our living standards can rise. 8. The GDP measures the output of goods and services within the U.S. 9. The Roche test takes a sample of the genetic material of interest, makes thousands of copies and measures the output. |