Dividing the value of real GDP by aggregate labor hours gives
A) the rate of capital accumulation.
B) labor productivity.
C) the net domestic product.
D) the size of the labor force.
Correct Answer:
Verified
Q148: If real GDP is $11,750 billion and
Q149: Labor productivity is
A) the rate of change
Q150: If real GDP is $13,500 billion and
Q151: An increase in productivity relates to
A) producing
Q152: If real GDP is $13,000 billion and
Q154: Labor productivity .
A) is labor per unit
Q155: Labor growth depends mainly on and labor
Q156: Labor productivity is
A) the average amount of
Q157: If the nation's capital stock increases so
Q158: Labor productivity is defined as
A) zero percent
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