If 10 farmers generate €500,000 in real GDP, the output per worker would be
A) €2,000
B) €5,000
C) €50,000
D) €500,000

Name: If 10 farmers generate €500,000 in real GDP, the output per worker would be A) €2,000 B) €5,000 C) €50,000 D) €500,000
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Question

Quizplus · Accepted Answer

The output per worker is calculated by dividing the total real GDP by the number of workers. €500,000 divided by 10 farmers equals €50,000 per worker.

If 10 Farmers Generate €500,000 in Real GDP, the Output