Author Question: If real GDP is 800 million and aggregate labor hours are 20 million, labor productivity is ________. ... (Read 111 times)

rosent76 · **on:** Jun 29, 2018

If real GDP is 800 million and aggregate labor hours are 20 million, labor productivity is ________.

A) 40 per hour
B) 16,000 million
C) 40 million
D) 160 per hour

Question 2

Everything else being the same, if the interest rate in the United States increases, then in the foreign exchange market the

A) demand for U.S. dollars will remain unchanged.
B) demand for U.S. dollars will increase.
C) demand for U.S. dollars will decrease.
D) supply of U.S. dollars will increase.