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Loraine Loraine
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8 years ago
Labor force productivity has increased from $30 per hour to $32 per hour over the past year. This could result from
A) only an increase in real GDP.
B) an increase in real GDP with no change in the aggregate hours or a decrease in aggregate hours with no change in real GDP.
C) only a decrease in aggregate hours.
D) an increase in the labor force participation rate.
E) an increase in population.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
Don't mention it Happy Dummy
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