The GDP of a country is $500,000.If its income per worker is $100,the size of its employed labor force is ________.
A) 200
B) 2,500
C) 5,000
D) 8,000

Question

Quizplus · Accepted Answer

To find the size of the employed labor force, we need to divide the total GDP by the income per worker. Therefore, employed labor force = GDP / income per worker = $500,000 / $100 = 5,000 workers. Therefore, the correct answer is option C.

The GDP of a Country Is $500,000