Labor productivity can best be calculated as A) real Gross ...

[bclement10]

Labor productivity can best be calculated as
 
  A) real Gross Domestic Product (GDP) / Gross Domestic Product (GDP) price index.
  B) real Gross Domestic Product (GDP) / number of workers.
  C) number of workers / hours of work.
  D) real wages / hours of work.

Question 2

Refer to the above figure. Which of the following points indicates an efficient use of resources?
 
  A) a
  B) d
  C) e
  D) More information is needed to answer the question.

[onowka]

Answer to Question 1

B

Answer to Question 2

C

[bclement10]

Thanks for the timely response, appreciate it

[Jossy]

TYSM