If Both Total Employment and Total Output Always Grew by 2

question 88

Multiple Choice

If both total employment and total output always grew by 2 percent each year,what would the annual growth in labor productivity in an economy be over a decade?

• A)0 percent
• B)2 percent
• C)10 percent
• D)20 percent
• E)2 percent times the size of the labor force

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Definitions:

Major Depressive Disorder

A mental health condition characterized by a persistent feeling of sadness and loss of interest, affecting daily functioning.

Committing Suicide

The act of intentionally causing one's own death.

Worthless

Lacking value or utility; considered to be of no real value or importance.

Bipolar Disorder

A psychiatric condition marked by extreme mood swings from manic highs to depressive lows.