In Econland Total Output Is $8 Billion, Population Equals 500,000

question 148

Multiple Choice

In Econland total output is $8 billion, population equals 500,000 people, and, of these, 400,000 are employed workers. Output per person in Econland equals ________ and average labor productivity equals ________.

• A)$20,000; $16,000
• B)$16,000; $20,000
• C)$20,000; $20,000
• D)$16,000; $16,000

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Definitions:

IV Route

A method of administering medications or fluids directly into a vein, often used in healthcare settings for its rapid effects.

IM Route

Intramuscular route of medication administration where drugs are injected directly into the muscle tissue.

Vastus Lateralis

A muscle in the thigh that is part of the quadriceps group, responsible for extending the knee and stabilizing the leg.

Intramuscular Injection

A method of delivering medication deep into the muscles, allowing the drug to be absorbed into the bloodstream quickly.