In Econland,total Output Is $8 Billion,population Equals 500,000 People,and,of These,400,000

question 114

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 labour productivity equals ______.

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

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Definitions:

Freedom's Journal

The first African-American owned and operated newspaper published in the United States, founded in 1827.

Black-edited Newspaper

A publication managed and edited by African-American individuals, often focusing on issues, stories, and perspectives relevant to the African-American community.

United States

A federal republic consisting of 50 states, a federal district, and various territories, known for its cultural and regional diversity.

Benjamin Banneker

An African American almanac author, surveyor, naturalist, and farmer known for his contributions to the planning of Washington, D.C., and his vocal opposition to slavery.