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If the number of worker-hours in an economy is 500 and its labor productivity is $2 of output per worker-hour, the economy's real GDP Multiple
If the number of worker-hours in an economy is 500 and its labor productivity is $2 of output per worker-hour, the economy's real GDP
Multiple Choice
- is $1,000.
- is $50.
- is $10,000.
- cannot be calculated.
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Environmental And Natural Resource Economics
Authors: Thomas H Tietenberg, Lynne Lewis
10th Edition
1315523965, 9781315523965
