In Both Gamma and Delta,average Labour Productivity Is $40,000 Per

question 2

Multiple Choice

In both Gamma and Delta,average labour productivity is $40,000 per worker per year.The population of Gamma is 200,000 and the population of Delta is 400,000.50% of the population in each country is employed.Total output in Gamma is _________ and total output in Delta is _________.

• A) $20,000;$20,000
• B) $100,000;$200,000
• C) $2.4 billion;$4.8 billion
• D) $4 million;$8 million
• E) $8 billion;$16 billion

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Definitions:

Utilitarian

A philosophical approach that emphasizes the greatest good for the greatest number of people as the primary consideration in decision making.

Future

The period of time that will come after the present, which has yet to occur and is unknown.

Perspective

A particular attitude toward or way of regarding something; a point of view that influences one's thoughts and behavior.

Severity of Punishment

The degree of harshness or intensity of a punishment imposed for criminal behavior, which can vary widely depending on the offense and jurisdiction.