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Author Question: Labor productivity is computed as A) real GDP divided by population. B) real GDP divided by the ... (Read 111 times)

tiara099

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on: Jun 30, 2018
Labor productivity is computed as
 
  A) real GDP divided by population.
  B) real GDP divided by the number of workers.
  C) per capita real GDP divided by the number of workers.
  D) per capita real GDP divided by population.

Question 2

What is measured on the vertical axis when we draw a graph of long-run aggregate supply?
 
  A) output of consumer goods B) real GDP
  C) production of capital goods D) the price level


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Bigfoot1984

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


tiara099

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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