In 2008, the industrial country whose workers work the most hours in a year was _____.
Fill in the blank(s) with the appropriate word(s).
Italy
Economics
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Per capita GDP is the most practical way to:
A. Measure how much income households receive. B. Measure how much output can be consumed on a sustainable basis. C. Measure how much output is potentially available to the average person. D. Analyze the growth rate of the economy over time.
Economics
Nominal GDP is calculated using
A. the market prices during the year under consideration. B. the prices from some base year to adjust for price changes. C. the prices from the preceding year. D. the average of prices from the three preceding years.
Economics