Multiple Choice
Labor productivity is calculated as
A) (real GDP ÷ aggregate hours) .
B) (real GDP ÷ aggregate hours × number of workers) .
C) (real GDP ÷ number of workers × ratio of capital per worker) .
D) (real GDP ÷ technology level) .
E) (real GDP ÷ aggregate hours × number of workers) × 100.
Correct Answer:
Verified
Correct Answer:
Verified
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