Multiple Choice
Country A has a population of 1,000,of whom 800 work 8 hours a day to make 128,000 final goods.Country B has a population of 2,000,of whom 1,800 work 6 hours a day to make 270,000 final goods.
A) Country A has higher productivity and higher real GDP per person than country B.
B) Country A has lower productivity and lower real GDP per person than country B.
C) Country A has higher productivity,but lower real GDP per person than country B.
D) Country B has lower productivity,but higher real GDP per person than country B.
Correct Answer:

Verified
Correct Answer:
Verified
Q69: The behavior of market prices over time
Q113: Which of the following statements about inputs
Q114: Suppose that in some country the price
Q115: Your company discovers a better way to
Q117: Productivity is defined as the quantity of<br>A)labor
Q119: Which of the following best states economists'
Q120: Ralph is a plumber.Which of the following
Q121: Human capital is<br>A)the same thing as technological
Q122: Which of the following can explain faster
Q174: An understanding of the best ways to