Question 1
Refer to the information provided in Figure 30.2 below to answer the question(s) that follow.
Refer to Figure 30.2. Labor productivity at time
t
1 is
◦ larger than labor productivity at time
t3.
◦ larger than labor productivity at time
t4.
◦ larger than labor productivity at time
t2.
◦ larger than labor productivity at time
t2, but less than labor productivity at time
t3.
Question 2
Output per worker hour is known as
◦ per capita output.
◦ potential output.
◦ labor productivity.
◦ All of these.