Multiple Choice
Suppose that output in an economy is 1,000 units and the number of hours worked in the economy is 40. If the economy enters a recession, which of the following combinations of output and hours worked would best reflect the recession?
A) 1,000 units of output and 40 hours worked
B) 500 units of output and 20 hours worked
C) 800 units of output and 30 hours worked
D) 600 units of output and 25 hours worked
Correct Answer:

Verified
Correct Answer:
Verified
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