If Aggregate Hours Are 100 Billion Hours and Labor Productivity

question 317

Multiple Choice

If aggregate hours are 100 billion hours and labor productivity is $40 an hour,than real GDP equals

• A)$100 billion.
• B)$40 billion.
• C)$100 trillion.
• D)$2.5 trillion.
• E)$4 trillion.

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Definitions:

Tobacco Use

The act of consuming tobacco products, including smoking cigarettes, cigars, or using smokeless tobacco.

Carbohydrate Diet

A diet that mainly consists of foods high in carbohydrates, such as grains, fruits, and vegetables.

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The condition of being exposed to ionizing radiation or radioactive substances, which can lead to health hazards depending on the level and duration of exposure.

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A chemical substance that changes brain function and leads to alterations in perception, mood, consciousness, or behavior.