Which country's labor force has a lower productivity? A) Uruguay B) Paraguay C) Uruguay and Paraguay labor forces that are equally productive. D) impossible to say.
Which country's labor force has a lower productivity? A) Uruguay B) Paraguay C) Uruguay and Paraguay labor forces that are equally productive. D) impossible to say.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Consider Table 1 above. Which country's labor force has a lower productivity?
A) Uruguay
B) Paraguay
C) Uruguay and Paraguay labor forces that are equally productive.
D) impossible to say.

Transcribed Image Text:Country Population
GDP
Paraguay 7.045 Million
$38,150 Milion
Uruguay 3.462 Million
$56,050 Milion
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