If output grew 3.9 percent last year and hours worked grew 1.3 percent,then by how much did labor productivity grow over the year?
A) 0.3 percent
B) 2.6 percent
C) 3.0 percent
D) 5.2 percent
Correct Answer:
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Q1: A country has a total population of
Q3: The labor force consists of
A)those employed plus
Q4: If the population of a country is
Q5: 15 million people in a country are
Q6: A country has a working population of
Q7: In 2004, the number of unemployed people
Q8: Country X has a population of 70
Q9: Labor productivity is calculated as
A)output minus net
Q10: In 2004, the number of people in
Q11: In 2001, the number of unemployed people
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