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Author Question: If real GDP is 11,750 billion and aggregate hours are 175 billion, labor productivity equals A) ... (Read 177 times)

MGLQZ

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on: Jun 29, 2018
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.


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prumorgan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


MGLQZ

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

ttt030911

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Reply 3 on: Yesterday
Excellent

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