Average labour productivity is computed as the
A) ratio of industrial production to the employment rate.
B) ratio of real output in manufacturing to the level of real GDP.
C) ratio of real GDP to the unemployment rate.
D) ratio of real GDP to the level of employment.
E) ratio of labour input to real GDP.
Correct Answer:
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Q40: Comovement can be discerned by
A) calculating the
Q41: A reverse Phillips Curve would consist of
Q42: Employment is
A) less variable than real GDP.
B)
Q43: Phillips curves are
A) easy to find in
Q44: Why is it difficult to measure the
Q46: For the period 1961-2015 in Canada, the
Q47: The real wage is
A) procyclical.
B) countercyclical.
C) acyclical.
D)
Q48: Average labour productivity
A) is a leading economic
Q49: Seasonal adjustment in macroeconomic analysis
A) is not
Q50: For the period 1961-2015 in Canada, the
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