This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that output in an economy is 1,000 units and the number of hours worked in the economy is ... (Read 112 times)

cnetterville

  • Hero Member
  • *****
  • Posts: 547
on: Apr 19, 2019

Question 1

Suppose that output in an economy is 1,000 units and the number of hours worked in the economy is 40. What is the value of labor productivity?


◦ 0.04 units per worker hour.
◦ 25 units per worker hour
◦ 125 units per worker hour.
◦ 1,000 units per worker hour.

Question 2

Suppose that output in an economy is 1,000 units and the number of hours worked in the economy is 40. If the economy enters an expansion, which of the following combinations of output and hours worked would best reflect the expansion?


◦ 1,000 units of output and 40 hours worked
◦ 1,200 units of output and 50 hours worked
◦ 1,600 units of output and 60 hours worked
◦ 1,800 units of output and 75 hours worked
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cnetterville on Apr 19, 2019

essyface1

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


cnetterville

  • Member
  • Posts: 547
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
How to write any number in scientific notation How to write any number in scientific notation
Drawings depicting mitosis in an animal cell with a diploid number of 4 Drawings depicting mitosis in an animal cell with a diploid number of 4
DNA Hypermethylation of Number of Known Genes DNA Hypermethylation of Number of Known Genes
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library