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 86 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
:D TYSM

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

In early capitalism, children worked alongside adults. At that time, just as today, most street ... In early capitalism, children worked alongside adults. At that time, just as today, most street ...
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
Annual Mean Number of Days with Thunder Annual Mean Number of Days with Thunder
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Mayan Number Mayan Number
The deadline is in 2 hours somebody can help me, please!!! The deadline is in 2 hours somebody can help me, please!!!
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library