5. Real GDP equals _________ times _________. LO28.4 a. Average hours of work; quantity of capital. b.

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5. Real GDP equals _________ times _________. LO28.4

a. Average hours of work; quantity of capital.

b. Average hours of work; allocative efficiency.

c. Labor input; labor productivity.

d. Natural resources; improvements in technology.

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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