Multiple Choice
Average labour productivity is computed as the
A) ratio of industrial production to the employment rate.
B) ratio of real output in manufacturing to the level of real GDP.
C) ratio of real GDP to the unemployment rate.
D) ratio of real GDP to the level of employment.
E) ratio of labour input to real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q50: If real GDP helps to predict the
Q51: Amplitude of the business cycle is<br>A) the
Q52: Inventory investment tends to be<br>A) coincident.<br>B) leading.<br>C)
Q53: For the period 1961-2011 in Canada,the price
Q54: One example of a Phillips Curve would
Q55: For the period 1961-2011 in Canada,the price
Q57: If we plotted cigarettes smoked per year
Q58: If deviations from trend in a macroeconomic
Q59: Seasonal adjustment in macroeconomic analysis<br>A) is not
Q60: If the correlation between GDP and y