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With all other economic forces held constant, an increase in labor productivity throughout the country implies
(1 point)
an increase in GDP due to an increase in labor hours
a decrease in GDP with labor hours held constant
an increase in GDP with labor hours held constant
a decrease in GDP due to an increase in labor hours

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When there is an increase in labor productivity, we observe that there is an increase in GDP with labor hours held constant.

Labor productivity:

  • Is goods produced by labor within a certain period of time
  • Increases when more goods are produced in that period

Labor productivity therefore relates to goods being produced when the labor hours are kept constant. An increase in labor productivity is good for GDP because it means that more goods are being produced.

In conclusion, increased labor productivity means increased GDP at constant labor hours.

Find out more at https://brainly.com/question/6430277.

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