Question
If real GDP per person in a country equals $40,000 and 60 percent of the population is employed, then average labor productivity equals ________ .
If real GDP per person in a country equals $40,000 and 60 percent of the population is employed, then average labor productivity equals ________ . (Round to the nearest dollar, do not include a $ sign in your answer.)
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-0538453714, 538453710, 978-1111415921
