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Author Question: Labor productivity can best be calculated as A) real Gross Domestic Product (GDP) / Gross ... (Read 71 times)

bclement10

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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.



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onowka

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Answer to Question 1

B

Answer to Question 2

C




bclement10

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


ttt030911

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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