Labor productivity is calculated as
A) (real GDP ÷ aggregate hours).
B) (real GDP ÷ aggregate hours × number of workers).
C) (real GDP ÷ number of workers × ratio of capital per worker).
D) (real GDP ÷ technology level).
E) (real GDP ÷ aggregate hours × number of workers) × 100.
A
Economics
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Refer to the above figure. An external cost exists. The amount of that cost is represented by
A) P2. B) Q1. C) the vertical distance between point A and the supply curve S1. D) the distance between C and A.
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In a mixed strategy situation, a player does best by unpredictably mixing his strategies in accordance with probabilities that depend on the strategies of the others
Indicate whether the statement is true or false
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