Consider a Small Economy with Real GDP of $1 Billion

question 42

Multiple Choice

Consider a small economy with real GDP of $1 billion and the total number of hours worked equal to 5 million. Which of the following is the best measure of labour productivity in this economy?

• A)real GDP per employed worker = $20
• B)real GDP per hour worked = $200
• C)real GDP per hour worked = $20
• D)real GDP per employed worker = $200
• E)indeterminable from the information provided.

---

Definitions:

Chewbecca Mask

A popular mask representing Chewbacca, a character from the Star Wars franchise, which gained viral attention through social media.

Branded Content

Branded content is a marketing strategy that involves creating content specifically tied to a brand, aiming to entertain, inform, or engage the target audience while promoting the brand indirectly.

Thought Leadership

The position of being recognized as an authority in a specialized field, contributing insights and innovative ideas.

Facebook Live

A feature of the social media platform Facebook that allows users to broadcast live video streams to their followers.