Multiple Choice
Suppose that an economy's labor productivity and total worker-hours each grew by 4 percent between year 1 and year 2. We could conclude that this economy's
A) real GDP also increased by 4 percent.
B) real GDP remained constant.
C) production possibilities curve shifted outward.
D) capital stock increased by 4 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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