Suppose in 2008, the country of Boonton had a GDP of $124200 and a population of 900. In 2009, GDP increased to $127000 and the population increased to 1000. Between 2008 and 2009, did labor productivity increase, decrease, or stay the same in Boonton? OIncrease OStay the same ODecrease

Suppose in 2008, the country of Boonton had a GDP of $124200 and a population of 900. In 2009, GDP increased to $127000 and the population increased to 1000. Between 2008 and 2009, did labor productivity increase, decrease, or stay the same in Boonton? OIncrease OStay the same ODecrease

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 6P

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Suppose in 2008, the country of Boonton had a GDP of $124200 and a population of 900. In 2009, GDP increased to $127000 and the
population increased to 1000.
Between 2008 and 2009, did labor productivity increase, decrease, or stay the same in Boonton?
OIncrease
Ostay the same
ODecrease

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