If Real GDP Is $12,150 Billion and Aggregate Labour Hours

question 15

Multiple Choice

If real GDP is $12,150 billion and aggregate labour hours are 270 billion, labour productivity equals

• A)$6.50 an hour.
• B)$45 an hour.
• C)$48 an hour.
• D)$650 an hour.
• E)$32.81 an hour.

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Definitions:

Incentive Salience

The attribute of a stimulus that makes it stand out as particularly attractive or desirable, often influencing motivation and behavior.

Associative Learning

A learning process by which a subject comes to associate stimuli or behaviors with certain outcomes.

Drug Addiction

A chronic disorder characterized by compulsive drug seeking and use, despite harmful consequences, altering brain function and behavior.

Glutamate Agonists

Substances that mimic the action of glutamate, a major excitatory neurotransmitter in the brain, and can therefore enhance its activity.