An Economy's Current GDP Is $100 Billion, the Labour Force

question 21

Multiple Choice

An economy's current GDP is $100 billion, the labour force is composed of 2.2 million people, and 2 million people are employed. What is the economy's (approximate) labour productivity?

• A)$5000
• B)$50 000
• C)0.91
• D)0.45
• E)$50