there a relation between happiness and productivity/economic performance? Present and explain your arguments based on the academic literature. Is

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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there a relation between happiness and
productivity/economic performance? Present and explain your
arguments based on the academic literature.
Is
Transcribed Image Text:there a relation between happiness and productivity/economic performance? Present and explain your arguments based on the academic literature. Is
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Introduction

Productivity refers to the efficiency with which the goods and services are produced. Productivity of a laborer refers to the efficiency with which the laborer produces the goods and services. Productivity is often measured as a ratio between aggregate output produced and input used. Productivity of laborers is influenced by many factors one of them being the happiness of the worker.

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