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Suppose total output (real GDP) is $2,000 and worker-hours are 800. We can conclude that labor productivity is $2.50. $16,000. $25. $0.80.
Suppose total output (real GDP) is $2,000 and worker-hours are 800. We can conclude that labor productivity is
- $2.50.
- $16,000.
- $25.
- $0.80.
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