Multiple Choice
Suppose there are 7000 people in the labour force of an economy and the unemployment rate is 6 percent. If GDP per worker in this economy is $15, then GDP is equal to
A) $6300.
B) $12 800.
C) $35 000.
D) $98 700.
E) $105 000.
Correct Answer:
Verified
Correct Answer:
Verified
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