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Principles of Macroeconomics Study Set 8
Quiz 12: Production and Growth: Productivity Its Role and Determinants
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Question 21
Multiple Choice
Adam and Doug both build birdhouses.Adam works 30 hours a week and produces 15 bird houses.Doug works 20 hours a week and produces 12 bird houses.Which of the following is correct?
Question 22
Multiple Choice
Gramp's Potato Chips produces 2560 bags of potato chips a day.Each employee at Gramp's works 8 hours.If the company's productivity is 20 bags per hour,how many people does Gramp's employ?
Question 23
Multiple Choice
Real Foods produced 400,000 cans of diced tomatoes last year and 460,000 cans of diced tomatoes this year.It employed the same number of labor hours each year.Real Foods' productivity