If real GDP is $800 million and aggregate labour hours are 20 million, labour productivity is________.
A) $16,000 million
B) $40 per hour
C) $160 per hour
D) $40 million
Correct Answer:
Verified
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Q4: Real GDP grows when
A)Only I
B)Only II
C)Both I
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Q7: Which theory emphasises the significance of new
Q9: We are interested in long- term growth
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Q12: Which of the following has NOT been
Q13: Which of the following ideas apply to
Q243: According to new growth theory_ .
A) knowledge
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