Dividing the value of real GDP by aggregate labor hours gives
A) the net domestic product.
B) labor productivity.
C) the size of the labor force.
D) the rate of capital accumulation.
B
Economics
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If a bank does not have enough reserves, it can:
A. Buy bonds on the open market. B. Raise the interest rate it charges borrowers. C. Borrow reserves from the discount window. D. Make more loans.
Economics
A minimum wage is an example of a
A) price ceiling. B) price floor. C) black market. D) market clearing price.
Economics