Labour productivity may be defined as:
A) real output divided by worker hours
B) nominal GDP minus real GDP
C) the ratio of real capital to worker hours
D) the annual increase in nominal GDP per worker
E) workers hours divided by nominal output
Correct Answer:
Verified
Q78: If the real output of a low-income
Q79: In the following table for a
Q80: Q81: Increasing returns to scale refers to: Q82: The achievement of full employment through time Q84: Ceteris paribus,if a full-employment economy reallocated a Q85: In a full-employment economy,added capital formation requires: Q86: Critics of economic growth:
A)the notion
A)more
A)contend that growth and
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