
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 6
Real GDP equals ______ times ______.
A) Average hours of work; quantity of capital.
B) Average hours of work; allocative efficiency.
C) Labor input; labor productivity.
D) Natural resources; improvements in technology.
A) Average hours of work; quantity of capital.
B) Average hours of work; allocative efficiency.
C) Labor input; labor productivity.
D) Natural resources; improvements in technology.
Explanation
Real GDP equals labor input times labor ...
Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
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