Labor growth depends mainly on and labor productivity growth depends on .
A) growth in real GDP per person; technological advances
B) population growth; technological advances
C) population growth; increases in real GDP
D) growth in real GDP per person; growth rate of capital
Correct Answer:
Verified
Q127: Labor productivity equals
A) real GDP divided by
Q128: An increase in a nationʹs population results
Q129: If the labor and capital grow more
Q130: Potential GDP per labor hour can increase
Q131: When the population increases with no change
Q133: An increase in the population and hence
Q134: Labor productivity is defined as
A) the growth
Q135: If the population increases, then potential GDP
Q136: If real GDP is $13,000 billion and
Q137: Labor productivity is
A) the rate of change
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