Multiple Choice
Assume that an economy has 2,000 workers,each working 4,000 hours per year.If the average real output per worker-hour is $10,then total output or real GDP will be
A) $20 million.
B) $40 million.
C) $80 million.
D) $100 million.
E) $120 million.
Correct Answer:
Verified
Correct Answer:
Verified
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