QUESTION 7 If the number of worker-hours in an economy is 100 and its labor productivity is $9 of output per worker-hour, the economy's real GDP O a is $900. O b. is $99. O c. is $9,000. O d. cannot be calculated.

QUESTION 7 If the number of worker-hours in an economy is 100 and its labor productivity is $9 of output per worker-hour, the economy's real GDP O a is $900. O b. is $99. O c. is $9,000. O d. cannot be calculated.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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