Assume annual hours worked per person aged 1664 in the United States is equal to 1,000. Using

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Assume annual hours worked per person aged 16–64 in the United States is equal to 1,000. Using the data from Table 7.2 and the data from the “Country Snapshots” file (snapshots.pdf), compute GDP per hour for the other countries in Table 7.2 for the year 2000. (You can assume that hours worked was the same in 2000 as in 1993–1996.) Comment on what you find.

Assume annual hours worked per person aged 16€“64 in the
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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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