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14:17
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Originally posted by Justis:
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Wow you obviously don't realise how dumb you come across while pretending to be smart, no wonder you are attracted to the likes of Pauline Hanson who does the sameIn economics, productivity refers to how much output can be produced with a given set of inputs. Productivity increases when more output is produced with the same amount of inputs or when the same amount of output is produced with less inputs. While you can measure productivity based on time, it doesn't reflect the cost and quality of the output.
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We exchange our time for money, you spend 15mins to make a few k, others spend an hour to earn $30, others on a salary spend 40-50-60 hours to earn that wage, everyone exchanges time for money thus time is money.
