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If Real GDP Is $12,150 Billion and Aggregate Labour Hours

Question 75

Multiple Choice

If real GDP is $12,150 billion and aggregate labour hours are 270 billion, labour productivity equals

A) $32.81 an hour.
B) $48 an hour.
C) $6.50 an hour.
D) $650 an hour.
E) $45 an hour.

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