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Between 2018 and 2019, potential GDP per hour of work _______ ? The rst table describes an economy's labor market in 2018 and the second

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Between 2018 and 2019, potential GDP per hour of work _______ ?

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The rst table describes an economy's labor market in 2018 and the second table R _ _ _ _ _ eal wage rate describes Its production function In 2018. (2009 dollars Labour hours Labour hours per hour) supplied demanded In 2019, the population increases and labor hours supplied increase by 30 at each real wage rate. 40 225 75 35 210 90 What is the change in potential GDP per hour of work between 2018 and 2019? 30 195 105 25 180 120 Between 2018 and 2019, potential GDP per hour of work . 20 165 135 15 150 150 O A. decreased from $36.00 to $35.00, a decrease of 2.8 percent 10 135 165 O B. decreased from $36.00 to $35.00, a decrease of 1.0 percent Real GDP _ _ Labour hours (2009 dollars) 0 C. Increased from $10 to $15, an Increase of 33.3 percent 75 1 275 O D. decreased from $15 to $10, a decrease of 5.0 percent 90 2,400 105 3,375 120 4,200 135 4,875 150 5,400 165 5,775 180 6,000

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