Multiple Choice
Consider a small economy with real GDP of $1 billion and the total number of hours worked equal to 5 million.Which of the following is the best measure of labour productivity in this economy?
A) real GDP per hour worked = $20
B) real GDP per employed worker = $20
C) real GDP per hour worked = $200
D) real GDP per employed worker = $200
E) Not able to determine from the information provided
Correct Answer:

Verified
Correct Answer:
Verified
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