The population of Alpha totals one million people, 40 percent of whom are employed. Average output per worker in Alpha is $20,000. Real GDP per person in Alpha totals:
A. $12,000.
B. $8,000.
C. $20,000.
D. $50,000.
Answer: B
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Indicate whether the statement is true or false
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A) increase B) decrease C) have no effect on D) none of the above
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a. True b. False Indicate whether the statement is true or false
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