The characteristics of a market that influence the behavior of market participants is (are) known as

Caroline Jahn has a professional degree and is 51 years old. Bob Rubate also has a professional degree and is 29 years old. On average, Caroline most likely earns

a. 75 percent less than Bob b. 7 percent less than Bob c. 75 percent more than Bob d. 7 percent more than Bob e. the same amount as Bob

One of the key factors that determine an economy's real GDP is labor productivity, which is a measure of

a. output per hour of work. b. labor force per hour. c. input per hour worked. d. total hours worked.