« previous next »

Author Question: If aggregate hours are 100 billion hours and labor productivity is 40 an hour, than real GDP equals ... (Read 81 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
If aggregate hours are 100 billion hours and labor productivity is 40 an hour, than real GDP equals
 
  A) 100 billion.
  B) 40 billion.
  C) 100 trillion.
  D) 2.5 trillion.
  E) 4 trillion.

Question 2

Refer to the figure above. What is the total surplus after Barylia opens up to free trade?
 
  A) 455
  B) 800
  C) 1,000
  D) 1,200


flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Temperature cycles for 24 hours Temperature cycles for 24 hours
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
A free-running circadian sleep–wake cycle 25.3 hours in duration. Despite living in an unchanging ... A free-running circadian sleep–wake cycle 25.3 hours in duration. Despite living in an unchanging ...
Data Used to Analyze Productivity in Country 1 and Country 2 Data Used to Analyze Productivity in Country 1 and Country 2
Productivity in Temperate Oceans – Northern Hemisphere Productivity in Temperate Oceans – Northern Hemisphere
Video: Brain Lobes Animation

For a complete list of videos, visit our video library