Consider a small economy with real GDP of $1 billion and the number of workers employed equal to 2500.Which of the following is the best measure of labour productivity in this economy?
A) real GDP per hour worked = $200
B) real GDP per employed worker = $200 000
C) real GDP per hour worked = $400
D) real GDP per employed worker = $400 000
E) Not able to determine from the information provided
Correct Answer:
Verified
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