If aggregate hours are 100 billion hours and labor productivity ...

[@Brianna17]

If aggregate hours are 100 billion hours and labor productivity is 40 an hour, than real GDP equals
 
  A) 100 billion.
  B) 40 billion.
  C) 100 trillion.
  D) 2.5 trillion.
  E) 4 trillion.

Question 2

Refer to the figure above. What is the total surplus after Barylia opens up to free trade?
 
  A) 455
  B) 800
  C) 1,000
  D) 1,200

[flexer1n1]

Answer to Question 1

E

Answer to Question 2

C