Consider a Small Economy with Real GDP of $1 Billion

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 employed worker = $20
B) real GDP per hour worked = $200
C) real GDP per hour worked = $20
D) real GDP per employed worker = $200
E) indeterminable from the information provided.