Which of the following represents an increase in labor productivity within a country?(1 point)
Responses
GDP decreased from 400 billion dollars to 200 billion dollars while total labor hours decreased from 75 million year to 50 million.
GDP decreased from 400 billion dollars to 200 billion dollars while total labor hours decreased from 75 million year to 50 million.
GDP decreased from 400 billion dollars to 200 billion dollars, while total labor hours decreased from 100 million to 50 million.
GDP decreased from 400 billion dollars to 200 billion dollars, while total labor hours decreased from 100 million to 50 million.
GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
Whats the right answer
The correct answer is:
GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
The correct answer is:
GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 100 million.
The correct answer is: GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.
To determine which option represents an increase in labor productivity, we need to compare changes in GDP (Gross Domestic Product) and total labor hours. Labor productivity measures the amount of economic output per unit of labor input.
In the first option, both GDP and total labor hours decreased, indicating a decrease in labor productivity.
In the second option, GDP decreased while total labor hours also decreased, indicating a decrease in labor productivity.
In the third option, GDP increased while total labor hours increased, which suggests an increase in labor productivity.
In the fourth option, GDP increased while total labor hours increased, which also indicates an increase in labor productivity.
Therefore, the correct answer is the third option: GDP increased from 200 billion dollars to 400 billion while total labor hours increased from 50 million to 100 million.