If Real GDP Is $800 Million and Aggregate Labour Hours

question 31

Multiple Choice

If real GDP is $800 million and aggregate labour hours are 20 million, labour productivity is

• A)$16 an hour.
• B)$40 million.
• C)$40 an hour.
• D)$160 an hour.
• E)$16,000 million.

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Definitions:

Skinner

B.F. Skinner, an American psychologist, is known for his development of the theory of behaviorism and the concept of operant conditioning.

Respondent Behavior

A behavior that occurs as an automatic response to a certain stimulus, often used in classical conditioning scenarios.

Operant Behavior

Conduct that is regulated through its outcomes, such as incentives and penalties, within the learning environment.

Interactive Software

Software designed to respond to user inputs or other real-time actions.