can you help me with these and please explain
MC Qu. 28-170 (Algo) Assume that an economy has... Assume that an economy has 1,000 workers, each working 2,000 hours per year. If the average real output per worker-hour is $20, then total output. or real GDP, will be nte Multiple Choice eBook O $2 million. O $20 million. O $30 million. O $40 million.10 MC Qu. 29-70 (Algo) Refer to the accompanying data, which... $200 5 Potential Real GDP billion points Natural Rate of Unemployment Actual Rate of Unemployment 3% BOOK Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The amount of output being forgone by the economy is Multiple Choice O $8 billion. O $12 billion. O $218 billion. O $14 billion.11 MC Qu. 29-62 (Algo) If actual GDP Is... If actual GDP is $460 billion and there is a positive GDP gap of $20 billion, potential GDP is 5 points Multiple Choice eBook O $440 billion. O $480 billion. O $900 billion. O $20 billion.\f15 MC Qu. 29-61 (Algo) If actual GDP Is... If actual GDP is $800 billion and there is a negative GDP gap of $50 billion, potential GDP is 5 points Multiple Choice eBook O $850 billion. O $750 billion. O $1,550 billion. O $50 billion.2 MC Qu. 29-84 (Algo) If the rate of Inflation Is... If the rate of inflation is 14 percent per year, the price level will double in about 5 points Multiple Choice eBOOK O 5 years. O 14 years. O 7 years. O 28 years.\f3 MC Qu. 28-58 (Algo) Suppose total output (real GDP) Is... Suppose total output (real GDP) is $1,000 and labor productivity is $5. We can conclude that the number of worker hours must be 5 points Multiple Choice BBOOK O 200. O 5,000. O 20. O 2,000.4 MC Qu. 28-142 (Algo) A nation's average annual real GDP... A nation's average annual real GDP growth rate is 1.4 percent. Based on the rule of 70, the approximate number of years that it would take for this nation's real GDP to double is 5 points Multiple Choice eBook O 50 O 28 O 14 O 985 MC Qu. 28-137 (Algo) A nation's real GDP was $250... A nation's real GDP was $250 billion in Year 1 and $258 billion in Year 2. Its population was 120 million in Year 1 and 125 million in Year 2. What is its real GDP per capita in Year 2? points Multiple Choice :BOOK O $2,064 per person O $206 per person O $20,640 per person O $133 per person6 MC Qu. 29-194 (Algo) If the natural rate of unemployment... If the natural rate of unemployment was 4 percent, the current unemployment rate was 5.5 percent, and potential GDP was $4,000 billion, then according to Okun's law the economy would have sacrificed 5 points Multiple Choice BOOK O $120 billion In output not produced. O $550 billion In output not produced. O $400 billion In output not produced. O $150 billion In output not produced.MC Qu. 28-16 (Algo) If a nation's real GDP Is... If a nation's real GDP is growing by 2 percent per year, its real GDP will double in approximately 5 points Multiple Choice eBook O 35 years. O 7 years. O 20 years. O 10 years.8 MC Qu. 29-65 (Algo) Assume the natural rate of unemployment... Assume the natural rate of unemployment in the U.S. economy is 4 percent and the actual rate of unemployment is 8 percent. According to Okun's law, the GDP gap as a percentage of potential GDP is points Multiple Choice :BOOK 8 percent. O 12 percent. O 4 percent O 2 percent9 MC Qu. 28-171 (Algo) If.. If 40.000 worker-hours produced a total output of $200,000 in an economy, then the labor productivity is 5 points Multiple Choice BOOK O $5 per worker-hour. O $20 per worker-hour. O $8 per worker-hour. O $80 per worker-hour. O $50 per worker-hour
