1) The equilibrium real wage rate is ______ an hour?

2) The quantity of labour employed is______hours?

3) Potential GDP is ______?

4) Labour productivity is _____ per hour of labour?

X 6.3 Study Plan Problem 5 (algo) Question Help The tables describe an economy's labour market and its production function in 2017. Real wage rate In 2017, what are the equilibrium real wage rate, the quantity of labour employed, labour productivity, and potential GDP? (2009 dollars Labour hours Labour hours per hour) supplied demanded The equilibrium real wage rate is $ an hour. 120 135 15 105 120 30 90 105 45 75 90 60 60 75 75 45 60 90 30 45 105 Real GDP Labour hours (2009 dollars) 15 1,275 30 2,400 45 3,375 60 4,200 75 4,875 90 5,400 105 5,775 120 6.000 Enter your answer in the answer box and then click Check Answer. ? 3 parts remaining Clear All Check