Labor Productivity Is Calculated by Dividing GDP by

question 38

Multiple Choice

Labor productivity is calculated by dividing GDP by

• A)population.
• B)the price level.
• C)capital stock
• D)labor force.

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Definitions:

Shares Outstanding

The total number of shares of stock that are currently owned by shareholders, including share blocks held by institutional investors and restricted shares owned by company officers and insiders.

Stock Split

An action taken by a company to divide its existing shares into multiple shares to boost the liquidity of the shares, while keeping the market capitalization the same.

Market Value

The open market value at which a service or asset is available for trading.

Shares Outstanding

The total number of shares of stock that are currently owned by investors, including shares held by institutional investors and restricted shares owned by the company’s insiders.