Labor productivity is defined as
A) total real GDP.
B) real GDP per person.
C) total output multiplied by total hours of labor.
D) real GDP per hour of labor.
E) hours of work per person.
Correct Answer:
Verified
Q188: An increase in labor productivity
A)increases the standard
Q189: Real GDP is $700 billion,average hours worked
Q190: If the growth rate of population is
Q191: Last year,in a nation far to the
Q192: Labor productivity growth depends on
I.saving and investment.
Ii.increases
Q194: Labor productivity is calculated as
A)(real GDP ÷
Q195: The quantity of real GDP produced by
Q196: Suppose that in the future,real GDP per
Q197: Q198: 
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