Labor force productivity has increased from $30 per hour to $32 per hour over the past year.This could result from
A) only an increase in real GDP.
B) an increase in real GDP with no change in the aggregate hours or a decrease in aggregate hours with no change in real GDP.
C) only a decrease in aggregate hours.
D) an increase in the labor force participation rate.
E) an increase in population.
Correct Answer:
Verified
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