Output, total hours worked, and average labour productivity all are procyclical. Which variable, output or total hours

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Output, total hours worked, and average labour productivity all are procyclical. Which variable, output or total hours worked, increases by a larger percentage in expansions and falls by a larger percentage in recessions? (Average labour productivity = output -s- total hours worked so that the percentage change in average labour productivity equals the percentage change in output minus the percentage change in total hours worked.)
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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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