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    Principles of Macroeconomics Study Set 8
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    Exam 12: Production and Growth: Productivity Its Role and Determinants
  5. Question
    Real Foods Produced 400,000 Cans of Diced Tomatoes Last Year
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Real Foods Produced 400,000 Cans of Diced Tomatoes Last Year

Question 157

Question 157

Multiple Choice

Real Foods produced 400,000 cans of diced tomatoes last year and 460,000 cans of diced tomatoes this year.It employed the same number of labor hours each year.Real Foods' productivity


A) decreased 13%.
B) was unchanged.
C) increased 13%.
D) increased 15%.

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