Multiple Choice
Real GDP is $700 billion,average hours worked per week is 42 and aggregate hours 150 billion hours.What is the economy's labor productivity?
A) $1.80 per hour
B) $3.75 per hour
C) $16.67 per hour
D) $46.67 per hour
E) $4.50 per hour
Correct Answer:

Verified
Correct Answer:
Verified
Q168: Economic growth is enhanced by<br>A)free international trade.<br>B)limiting
Q169: Suppose that in the future,real GDP per
Q170: The Lucas Wedge is estimated to<br>A)total over
Q171: If Country A's real GDP is growing
Q172: A country will likely experience an increase
Q174: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -According to the
Q175: The level of real GDP the economy
Q176: _ increases with education,training,and job experience.<br>I.Physical capital<br>Ii.Human
Q177: According the Keynesian macroeconomic model,which of the
Q178: The economic growth rate is expressed as