70,000T Norway 60,000 United States 50,000- Netherlands .3B Denmark • Germany France 40,000 UK Japan. Italy South Korea • Spain 30,000- Greece Russia 20,000 Mexico Chile Turkey 10,000- 6,400 6,500 6,600 6,700 6,800 6,900 7,000 7,100 7,200 7,300 7,400 7,500 Average annual hours of free time per worker According to the graph: Select one or more: O a. UK workers have more free time than Greek workers. O b. UK workers have lower GDP per capita than Spanish workers. The relationship between GDP per capita and free time is downward sloping. O c. O d. US workers work longer hours than French workers. GDP per capita (USD PPPS)

70,000T Norway 60,000 United States 50,000- Netherlands .3B Denmark • Germany France 40,000 UK Japan. Italy South Korea • Spain 30,000- Greece Russia 20,000 Mexico Chile Turkey 10,000- 6,400 6,500 6,600 6,700 6,800 6,900 7,000 7,100 7,200 7,300 7,400 7,500 Average annual hours of free time per worker According to the graph: Select one or more: O a. UK workers have more free time than Greek workers. O b. UK workers have lower GDP per capita than Spanish workers. The relationship between GDP per capita and free time is downward sloping. O c. O d. US workers work longer hours than French workers. GDP per capita (USD PPPS)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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