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If 40,000 worker-hours produced a total output of $800,000 in an economy, then the labor productivity is Multiple Choice $20 per worker-hour. $80 per worker-hour.
If 40,000 worker-hours produced a total output of $800,000 in an economy, then the labor productivity is
Multiple Choice
- $20 per worker-hour.
- $80 per worker-hour.
- $32 per worker-hour.
- $320 per worker-hour.
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Using Econometrics A Practical Guide
Authors: A. H. Studenmund
7th edition
013418274X, 978-0134182742
