One of the Key Factors That Determine an Economy's Real

question 206

Multiple Choice

One of the key factors that determine an economy's real GDP is labor productivity, which is a measure of

• A)output per hour of work.
• B)labor force per hour.
• C)input per hour worked.
• D)total hours worked.

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Definitions:

Racial

Pertaining to the classification of humans into groups based on physical traits, ancestry, genetics, or social relations, often leading to unequal treatment or discrimination.

Ethnic Self-conception

This refers to the way individuals understand and identify themselves in terms of their ethnicity, including the recognition of shared culture, history, and ancestry.

Cultural Differences

The variation in social norms, values, customs, and practices observed among groups of people from different backgrounds.

Behavioral Differences

Variations in actions and reactions among individuals or groups, often influenced by biological, psychological, and social factors.