This topic contains a solution. Click here to go to the answer

Author Question: If real GDP is 11,750 billion and aggregate hours are 175 billion, labor productivity equals A) ... (Read 154 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
If real GDP is 11,750 billion and aggregate hours are 175 billion, labor productivity equals
 
  A) 23.50 per hour.
  B) 52 per hour.
  C) 67 per hour.
  D) 235 per hour.

Question 2

If a worker is temporarily laid off because the economy is in a recession
 
  A) frictional unemployment increases.
  B) structural unemployment increases.
  C) the size of the labor force rises.
  D) cyclical unemployment increases.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

D




MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library