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Suppose That Output in an Economy Is 1,000 Units and the Number

Question 167

Multiple Choice

Suppose that output in an economy is 1,000 units and the number of hours worked in the economy is 40. What is the value of labor productivity?

A) 0.04 units per worker hour.
B) 25 units per worker hour.
C) 125 units per worker hour.
D) 1,000 units per worker hour.

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