Multiple Choice
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 an 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.
Correct Answer:

Verified
Correct Answer:
Verified
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