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    Essential Foundations of Economics Study Set 1
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    Exam 17: Potential Gdp and Economic Growth
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    Labor Productivity Equals ________
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Labor Productivity Equals ________

Question 205

Question 205

Multiple Choice

Labor productivity equals ________.


A) real GDP × aggregate hours
B) real GDP ÷ aggregate hours
C) aggregate hours ÷ real GDP
D) aggregate hours × labor productivity
E) aggregate hours ÷ labor productivity

Correct Answer:

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