Real GDP, or total output, in any year is equal to
A) labor productivity divided by number of worker-hours.
B) labor productivity multiplied by real output.
C) number of worker-hours multiplied by labor productivity.
D) number of worker-hours divided by labor productivity.

Question

Quizplus · Accepted Answer

Real GDP is the product of labor productivity (output per worker) and the number of worker-hours worked. Therefore, the correct choice is C, which is number of worker-hours multiplied by labor productivity.

Real GDP, or Total Output, in Any Year Is Equal