Real GDP or Total Output in Any Year Is Equal

question 70

Multiple Choice

Real GDP or total output in any year is equal to:

• A)labour inputs divided by resource outputs.
• B)labour productivity multiplied by real output.
• C)worker-hours multiplied by labour productivity.
• D)worker-hours divided by labour productivity.

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Definitions:

Laboratory Settings

Environments designed for scientific research, experiments, or measurements, often controlled to eliminate variables that could affect the results.

Afterimage

A visual phenomenon where an image continues to appear briefly even after exposure to the actual image has ceased.

Visual Sensation

Visual sensation is the process of the eyes responding to the presence of light, enabling the perception of colors, shapes, and motion.

Stimulus

Anything in the environment that elicits a response from an organism or a psychological system.