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Suppose total output (real GDP) is $2,000 and worker-hours are 400. We can conclude that labor productivity is Multiple Choice $5.00. $8,000. $50. $0.50.

Suppose total output (real GDP) is $2,000 and worker-hours are 400. We can conclude that labor productivity is

Multiple Choice

$5.00.
$8,000.
$50.
$0.50.

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