If the number of worker-hours in an economy is 100 and its labour productivity is 5 units of output per worker-hour, the economy's real GDP:
A)is $20.
B)is $500.
C)is $5000.
D)cannot be calculated.

Question

Quizplus · Accepted Answer

The Answer of If the number of worker-hours in an economy is 100 and its labour productivity is 5 units of output per worker-hour, the economy's real GDP:
A)is $20.
B)is $500.
C)is $5000.
D)cannot be calculated.

If the Number of Worker-Hours in an Economy Is 100