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2011 12,700 1.020 $12.45 2012 13.000 1,100 Which of the following is correct? A. Growth rate of productivity in 2012 Labor productivity in 2012 C.
2011 12,700 1.020 $12.45 2012 13.000 1,100 Which of the following is correct? A. Growth rate of productivity in 2012 Labor productivity in 2012 C. Labor productivity in 2008 = Labor productivity in 2009 OD. Real GDP in 2010 Labor productivity in 2012Gross domestic product measures two things at once: A. the total spending of everyone in the economy and the total saving of everyone in the economy. O B. the total income of households in the economy and the total expenditure on the economy's output of goods and services. OC. the value of the economy's output of goods and services for domestic citizens and the value of the economy's output of goods and services for the rest of the world. D. the total income of households in the economy and the total profit of firms in the economy.Which of the following statements is not correct? OA. Technology is the most important driver of labor productivity growth. B. Labor productivity is simply real GDP divided by the number of working hours. C. In macroeconomics, a decrease in labor productivity is the key to long-run economic growth. OD. Labor productivity is the amount of goods and services that a worker produces in a given amount of time
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