Average labour productivity
A) cannot be measured.
B) is measured as total output divided by the number of unemployed workers.
C) is output minus the capital stock.
D) is measured as the ratio of aggregate output to total employment.
E) is the ratio of employment to aggregate output.
Correct Answer:
Verified
Q2: Comovement relates to
A)macroeconomic variables fluctuating together in
Q3: Amplitude of the business cycle is
A)the size
Q4: If real GDP helps to predict the
Q5: Employment is
A)more variable than real GDP.
B)about as
Q6: The property that macroeconomic variables fluctuate together
Q7: Robert Lucas has popularized the notion that
Q8: If deviations from trend in a macroeconomic
Q9: Average labour productivity tends to be
A)countercyclical and
Q10: If the correlation between GDP and y
Q11: A business cycle trough is a
A)relatively large
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents