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Suppose total output (real GDP) is $10,000 and worker-hours are 25,000. We can conclude that labor productivity is Multiple Choice $0.40. $250,000. $40. $2.50.
Suppose total output (real GDP) is $10,000 and worker-hours are 25,000. We can conclude that labor productivity is
Multiple Choice
- $0.40.
- $250,000.
- $40.
- $2.50.
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