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The Country of Southland Produced $2,000 Billion of Output in One

Question 29

Multiple Choice

The country of Southland produced $2,000 billion of output in one year. The population of Southland was 100 million, of whom 60 million were employed. What was average labor productivity in Southland?


A) $20
B) $33
C) $20,000
D) $33,333

Correct Answer:

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