Multiple Choice
Average labor productivity is defined as
A) per-capital real GDP divided by employment.
B) nominal GDP divided by employment.
C) per-capita nominal GDP divided by employment.
D) real GDP divided by employment.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Macroeconomic models are<br>A) never wrong.<br>B) accurate descriptions
Q3: Over the twentieth century,growth in per-capita GNP
Q4: Unemployment is good from a social point
Q5: A government surplus is<br>A) when it spends
Q6: A useful macroeconomic model<br>A) is extremely realistic.<br>B)
Q7: The major contributor to the long-run improvement
Q8: International trade between two countries<br>A) benefits only
Q9: In the second half of the twentieth
Q10: A productivity slowdown was observed from the<br>A)
Q11: Which of the following assertions is false?<br>A)