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Assume that an economy has 2000 workers, each working 4000 hours per year. If the average real output per worker-hour is $10, then total output or real GDP will be:

Respuesta :

Answer:

$80,000,000

Explanation:

If we assume that an economy has 2000 workers, each working 4000 hours per year.

If the average real output per worker-hour is $10, then total output or real GDP will be:

$10 per hour (multiplied by) Total number of hours - 4000 hours (multiplied by) Total number of workers in the economy which is 2000 workers

Therefore total output = 10 x 4000 x 2000 = $80,000,000

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