If real GDP is 1,200 billion, the population is 60 million, and ...

[Garrulous]

If real GDP is 1,200 billion, the population is 60 million, and aggregate hours are 80 billion, labor productivity is
 
  A) 6.67 an hour.
  B) 15.00 an hour.
  C) 150 an hour.
  D) 5.00 an hour.
  E) 20,000.

Question 2

Beginning in late 2010, the FDIC sought to increase the public's confidence in depository institutions by
 
  A) eliminating insurance premiums for bank deposits.
  B) changing the scope of insurance to banks' assets.
  C) lowering insurance premiums for bank deposits.
  D) assessing insurance premiums on banks' total liabilities.

[batool]

Answer to Question 1

B

Answer to Question 2

D

[Garrulous]

Thank you

[batool]

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